ERP Overview and Its Benefits
By Johnny Nugent
Gartner Research, defines Enterprise Resource Planning (ERP) "as the ability to deliver an integrated suite of business applications." The root word in the definition is "integrate."
Enterprise Resource Planning A Brief Flyover
Effective ERP software will increase efficiency, reduce costs and streamline operations. Human Resources, Finance, Engineering, Asset Management, Payroll, Safety, Manufacturing, Operations, Accounts Payable/Receivable, Training, and Project Management are just a few divisions that make up today's modern organization. These divisions and processes are integral to many companies and by necessity, overlap and need to communicate.
ERP software ties these departments, divisions and processes together, resulting in increased efficiency. Tasks that may have involved several employees, phone calls, faxes, and emails over the course of days, can be accomplished with ERP in microseconds.
ERP ensures information is no longer frivolously compartmentalized. All employees with a need to know have ready access to critical information and functions that enhance their ability to efficiently get the job done.
We have just finished a brief flyover in terms of ERP capability and we've barely skimmed the surface. Enterprise Resource Planning functions also extend to data analysis, regulatory compliance, cost projecting, inventory control and a multitude of other essential functions needed for today's advanced business environment.
Who Can Benefit From ERP
Enterprise Resource Planning software has proven to be an asset across vast sectors of industry, business and manufacturing. ERP software suites are varied and suitable for small start-ups to behemoth corporations. The best ERP solutions can be tailored to meet and expand with the needs of the organization. The answer is that most businesses would benefit from employing ERP software, especially for companies seeking to;
- Keep ahead of the competition.
- Realize significant operational cost reductions.
- Streamline processes.
- Increase overall efficiency.
- Provide free flow of information.
- Give need to know access to sensitive information.
These are just a few of the beneficial results afforded through the use of ERP software. Contact a reputable ERP solution provider who can assist with needs assessment and planning.