A brief introduction to ERP
ERP is an acronym for Enterprise Resource Planning, but even its full name doesn't shed much light on what ERP is or what it does. For that, you need to take a step back and think about all of the various processes that are essential to running a business, including inventory and order management, accounting, human resources, customer relationship management (CRM), and beyond. At its most basic level, ERP software integrates these various functions into one complete system to streamline processes and information across the entire organization.
The central feature of all ERP systems is a shared database that supports multiple functions used by different business units. In practice, this means that employees in different divisions, for example, accounting and sales, can rely on the same information for their specific needs.
ERP software also offers some degree of synchronized reporting and automation. Instead of forcing employees to maintain separate databases and spreadsheets that have to be manually merged to generate reports, some ERP solutions allow staff to pull reports from one system. For instance, with sales orders automatically flowing into the financial system without any manual re-keying, the order management department can process orders more quickly and accurately, and the finance department can close the books faster. Other common ERP features include a portal or dashboard to enable employees to quickly understand the business' performance on key metrics.
If you are wondering why ERP systems can benefit your organization, the bottom line is because their benefits far outweigh the initial cost and the time and effort associated with incorporating the software into your organization’s efforts. By learning more about why ERP is the software solution you should be using, you may be ready to start exploring the options to find the right ERP solution for your business to use.
Our ERP solution usually turns to enterprise customers or from medium-sized companies or higher.