ERP is an industry acronym for Enterprise Resource Planning. Broadly speaking, ERP refers to automation and integration of a company’s core business to help them focus on effectiveness & simplified success.
ERP provides an integrated view of core business processes, often in real-time, using common databases maintained by a database management system. ERP systems track business resources—cash, raw materials, production capacity—and the status of business commitments: orders, purchase orders, and payroll. The applications that make up the system share data across the various departments (manufacturing, purchasing, sales, accounting, etc.) that provide the data.ERP facilitates information flow between all business functions, and manages connections to outside stakeholders
ERP System automates and integrates core business processes
ERP systems can drive huge improvements in the effectiveness of any organization by:
- assisting you in defining your business processes and ensuring they are complied with throughout the supply chain
- protecting your critical business data through well-defined roles and security access
- enabling you to plan your work load based on existing orders and forecasts
- providing you with the tools to give a high level of service to your customers
- translating your data into decision making information
The ERP system is considered a vital organizational tool because it integrates varied organizational systems and facilitates error-free transactions and production. However, ERP system development is different from traditional system development.ERP systems run on a variety of computer hardware and network configurations, typically using a database as an information repository.
Benefits of ERP for your Business
1.Integration across all business processes
2.Automation enhances productivity
3.Increase overall performance
4.Quality Reports and Performance Analysis
5.Integrates across the entire supply chain
2.Automation enhances productivity
3.Increase overall performance
4.Quality Reports and Performance Analysis
5.Integrates across the entire supply chain
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