What makes an ERP really worth? Modules for Potential Customer and Their Benefits

What makes ERP so welcoming and the modules it encompasses? As per popular belief ERP is associated with “integration.” It links systems in an organization to delineate workflow, share information among various departments, and overhaul a business’s operations.

Some Primary ERP Modules include

•    Accounting/Finance
•    Manufacturing
•    CRM
•    Human Resources
•    Project Management
•    Data Warehouse
•    Product Development
•    Purchasing
•    Inventory Management
•    Supply Chain Management

Assembling all the information of a company in a single centralized database enables to generate reports for the management and to understand the overall health of the company that should help save money or enhance profits.

Albeit, ERP software is leveraged by several companies, specifically manufacturing units for well-suited ERP tools as various systems right from order processing to final delivery are integrated. The entire function makes it simpler to monitor orders, coordinate manufacturing, and shipping functions, particularly among multiple locations.

When a Company Needs ERP Software?

ERP may not be a right fit for a startup. It’s more suited for business who already have established systems and multiple departments that need to ‘talk’ constantly. It can lead an organization to catapult its business processes, which can result in cost cutting and improved profit margins. The company should understand why it requires ERP in the first place and how this system can be leveraged for the betterment of company operations!

Benefits the ERP Software Brings

•    It helps enterprises to enhance their internal processes.
•    It syncs various systems from several functional areas, adding to the efficiency of the business.
•  A few ERP systems may also automate sections of the manufacturing process, enabling    enterprises to introduce benchmarks that enhance productivity, reduce resource needs and save time.
•    It increases transparency in order fulfillment process from initiation to end, cutting down work-in-progress inventory and furnished goods inventory.
•    It can also be used to organize employee data across different business units, thus simplifying the tracking system and bringing benefits and services.
•    Several businesses can opt for ERP software packages customized to cater for the specific needs of their industry.

Synopsis

ERP may not seem to be fit for every size enterprises, although, companies are juggling to overcome the limitations of data silos all the year round. To get the best out of this system, ERP system can be the right remedy that should help them improve efficiency and bottom-lines both!

Comments

Post a Comment

Popular posts from this blog

The increasing market popularity of ERP Software

Image
ERP software provides automation. This is significantly a time saver and also cost effective. The use of ERP is now common in all the big and small organizations of all industries. If not each and every organizations are using the software but most of them are aware about it because of its clear advantages. The software allows you to store, manage and interpret the data. It is perfect for maintain the big data collection. One can simplify the process of product planning, shipping & payment, human resources, financials matters with the use of ERP System.  When it comes to implementation of the ERP, there two major ways. One is On-premise ERP and second is cloud based ERP . On premise ERP is basically about the managing the data in the organization and the cloud based ERP needs the organization to get its software and data hosted on the different server, which has online access. On-premise ERP The ERP software has already been in the application by different sectors, s
Read more

Client Testimonial: Kiri Industries Limited

Image
Name of Company: Kiri Industries Limited Year of Corporate Munim Implementation: 2005  Kiri Industries Limited (KIL) is one of the largest manufacturer and exporter of wide range of Dyes, Intermediates and Chemicals from India. KIL, a fully integrated Dyes and Chemicals company is a winner of several CHEMEXCIL and GDMA performance awards. KIL is a preferred resource centre for many of the most extensive product lines in textile dyes. Sophisticated quality control practices and procedures, modern manufacturing facilities and erp driven enterprise management has enabled KIL to offer Internationally recognized quality products and services. KIL is an accredited and certified Key Business Partner with  world’s top Dyestuff majors across Asia-Pacific, the EU and Americas. The company came into being in 1998 with the setting up of Dyes manufacturing unit at Vatva, Ahmedabad. KIL is an ISO 9001:2008-certified company listed on Bombay Stock Exchange and National Stock Excha
Read more

Picking the Right ERP to Stay Competitive

Selecting, purchasing and implementing the right ERP system is a daunting task and is regarded as a high-risk project by majority of enterprises. Here are some top recommendations for aptly selecting and implementing a new ERP solution. Understand the Business Needs and Involving Key Stakeholders You must understand the business needs of your organization. Nevertheless, it sounds pretty simple but remains one of the greatest challenge to encompass all possibilities and zero down on one single solution that can meet them all. Even if you may not have mapped the current business processes, you may not fully understand the end result of what is expected. You would still need to make out what will work and what not and what can be identified as best practices by taking benefits of functionality and workflow offered by a new ERP system. Equally vital is involving consultants and leadership early in this process to organize expectations and receive the best possible results. Selecting the P
Read more