An Enterprise Resource Planning (ERP) is a software system that integrates all departments, automating its process but still enabling each department to serve its purpose. A company without ERP losses a lot because it lacks good communication channels horizontally and also it wastes a lot of time in performing its tasks.
There are tremendous benefits associated with having ERP in a company set up. In regards to the marketing department, ERP helps in understanding the overall performance of the business. This provides a guideline for identifying areas that are lagging behind and need to be improved. ERP also provides analytical data that helps in understanding the company’s clients better. This is useful when making creative marketing strategies and also helping in improving the methods and modes used in passing information to the customers.
When it comes to the time factor, ERP is a time saver in a company. This happens when it atomizes a number of activities that use much time. A number of processes that ERP automates are; reports and analysis, sales order processes, payables and receivables, job allocation and resource planning, stock automation and sales order processes.
In relation to matters communication, ERP facilitates its effective flow through departments. This aids the employees in getting all the required information easily from anywhere. It also helps in coordinating processes in all departments accordingly. This is important as it helps in providing an over view of the business as a whole. This said and done, the company’s finances can now be better managed.
In the offices today, people are really trying to avoid a lot of paper work. ERP assists in minimizing it. ERP is a good method of ensuring that only accurate information is passed on in the company. It also helps in coming up with a unified system of database for customers that can be used in all applications. When it comes to introduction of latest technologies, ERP helps in the whole process.
Utillizing ERP effectively helps the employee generate more income for the company. Efficiency of an organization is highly improved by the help of ERP. This is because all the business processes are all integrated into one platform. With this, data and all work flows are streamlined across all departments.
With this few mentioned benefits, there is an indication that ERP is of great importance to organizations. It is therefore very important for every business out there to install an ERP platform in their system in order to get all these and more. There are a number of qualified experts that offer quality ERP at very friendly rates