Enterprise Resource Planning (ERP)

WHAT IS ENTERPRISE RESOURCE PLANNING (ERP)

To put it as simply as possible, Enterprise Resource Planning (ERP) System increases the efficiency of a company. It ties multiple wings of a business in one complete system and streamlines the processes and information among the staff. Enterprise Resource Planning, or ERP system, integrates the data from the different parts of a company into one database and makes it possible to monitor every aspect of the business easily as well as supply the employees with accurate information and resources. Companies, small and large, are incorporating Enterprise Resource Planning in their organization structures to great effect.

Then and now

With the advent of cloud-based Enterprise Resource Planning systems, ERP is now far less expensive and way more affordable. It can be said without a doubt that a wide range of industries can use an ERP system to enhance performance and production. It does not only integrate data from multiple sources but also works in favor of Business Intelligence.

The platform for Enterprise Resource Planning was set way back in the past by the incorporation of MRP, or Material Requirements Planning. This was a system that was used to monitor inventory and to schedule production processes. Today, Enterprise Resource Planning systems cover Business Intelligence and Analytics as well as front office operations like sales force automation, marketing automation, and eCommerce. The use Cloud ERP in India has too become more prevalent across different industries.

How does it help productivity and profitability?

There are three basic changes that ERP can bring in a big or growing company; all these definitely work toward the betterment of productivity. Let us look into those areas.

  • A large-scale, or fast growing business with 70+ employees deals with innumerable processes, several workflows, and endless activities. There always remains a high chance of losing track of a part of it or the whole function due to a lack of a log that integrates all the information and tracks every single activity and measures every bit of progress. Enterprise Resource Planning systems fill this gap. This means no loose ends and hence, consistent productivity.
  • It is often hard to maintain information accuracy and the consistency of interpretation across the departments and sections of a company. Enterprise Resource Planning solves this problem to a great extent by streamlining all the activities and acting as the single source of definitive information for the whole company.
  • It frees employees from the constant liability of keeping track of their own as well as their subordinates’ activities. This saves crucial workable time and helps the employees to focus on the job rather than its accurate documentation.

These benefits give us a clear enough impression that an Enterprise Resource Planning system can be a strong helping hand to any industry for the problems it solves, are more or less the same across different industries.

In nutshell, Enterprise Resource Planning (ERP) Systems:

  • Provide a holistic view of data that empowers a company with insight and the ability to procactively overcome business challenges
  • Automates a lot of basic business operations like lead-to-cash and procure-to-pay.
  • Makes it easy to track relationship with consumers and enhance customer service.

It is now apparent why it was predicted that the ERP continues to gain popularity in industries ranging from Marine Engineering to Rental Services while covering industries like Construction, Healthcare, Trading and Distribution, Manufacturing and more.

We are proud to be a leading provider of ERP solutions and Cloud ERP software in INDIA.

Facebook Google LinkedIn Twitter