What is ERP?

ERP: Enterprise Resource Planning

 

Enterprise Resource Planning (ERP) is business process management software that allows an organization to use a system of integrated applications to manage business and automate many back office functions related to technology, services and human resources.

ERP software is considered to be a type of enterprise application that is software designed to be used by larger businesses.

Top 5 Benefits of Implementing ERP Software:

  1. Efficiency
  2. Integrated Information
  3. Reporting
  4. Customer Service
  5. Security

 

The advantages of choosing ERP are:

  • Optimization of business processes.
  • Accurate and timely access to reliable information.
  • The ability to share information between all components of the organization.
  • Elimination of unnecessary operations and data.
  • Reduction of time and costs of litigation
  • The performance of all work units that make up their business because better use time is increased. If you previously had to make reports and take them from one place to another, now the time is spent on other activities.
  • To improve performance and save time, optimize the control and analysis of management decisions there in the long term, reduced costs for the company.
  • A company having an ERP system is more competitive in the environment in which it operates.

 

What can we do with an ERP?

ERP

Data Management:
-Avoid data duplication
-Share and facilitate the transmission of data

Procurement Management:
-Track the life cycle of any order/invoice
-Reduce errors
-Have purchase suggestions

Material Requirement Planning:
-Manage your work requirement and requisition through the manufacturing plan
-Automatic purchase: order and display
-Complete plan order date so as to prevent stock shortage

Warehouse Management:
-Inventories, stock, valued stock
-Track products
-Traceability report

Financial Management:
-Most of the accounting entries are automatically created
-Track the assets, debts, income and expenses

Project and Service Management
-Expenses sheets to manage cost related to project

Point of Sale:
-Sales, refund and cash management
-Bar code scanner integration

Production Management:
-Track the production cost
-Control work requirement
-Manages internal costs

Sales Management:
-Track Sales
-Managing price lists
-Returns policy
-Multi currencies

Business Intelligence:
-Enhance and optimize organizational performance & operation
-Deliver critical business information

 

Discover Openbravo ERP           Discover Sage X3          

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