The three W of ERP. What, Where and Why?

ERP is an application that automates business processes and organizes business data. ERP is commonly used by companies working within the supply chain to help keep track of all the moving parts of manufacturing and distribution. Health care industry, constructions, non-profit organizations, professional services and so many organizations can be helped by ERP Software.

What is ERP?

Enterprise Resource Planning (ERP) is an software application that automates business operations by integrating day to day business activities into a single database.

ERP provides complete visibility into core business processes such as Financial Management, Supply Chain Management, Sales and Distribution, Human Capital Management, Production Planning and Control, Productivity Management, Customer Relationship Management with lots of others.

Where ERP?

Generally ERP is used by companies to manage and integrate their business processes. ERP’s configurations can support almost every form of business. ERP systems help businesses transfer from a legacy system to a digital one. Because of its upgraded modules, ERP can be purchased by small, medium and large businesses.

ERP software is increasingly beneficial for the Manufacturing sector, Healthcare, Education, Retail, Construction with lots of other sectors. The majority of businesses believe that their ERP implementation is beneficial to their success.

Why ERP?

ERP has provided numerous benefits including reduced inventory cost, real time information and decreased operational costs, among others. ERP helps every enterprise save money by reducing operating cost and increasing efficiency.

More work can be done with less manpower, less time and resources through ERP software which ultimately reduces your Cost of Operation. ERP enables concerned people to make high level decisions based on real-time data from business operations. An operation will obtain a general understanding about every management that is relevant to the operation from this software. It will be simple to develop reports based on every activity, from the smallest to the largest, in every area, resulting in a greater degree of valuation for decision making.

The reality is that clients are either willing or unwilling to place their confidence in the system. With appropriate implementation of an ERP, employees can be more productive and successful in their rules. ERP provides real-time visibility into the inner workings of the operations. ERP solutions can simplify a business and prepare for an efficient and robust feature. ERP software integrates critical company operations into a single system. There are three basic ways by which ERP can adapt any kind of business perfectly.