Companies use ERP Systems to manage their business processes , the ERP systems is referred to as one of business management software ,it is a suite of integrated applications used by companies to collect , store ,interpret and manage data about business processes or activities . the ERP Systems use a common databases to provide an integrated and updated view of core business process .
Advantages of an erp system
When a company grows, the amount of data and business resources to be tracked grows as well .It is costly, time consuming ,to manage all this information from multiple platforms and this can lead to mismanagement. Data is raw factor of a business and should be kept flowing using a robust System.ERP Systems are designed to store a large amount data from the business activities or operations. These operations can be from Human resource, CRM, accounting, Manufacturing, Payroll etc…
In the sad event of losing track of those spreadsheets or your business applications struggle to communicate with each other or a nightmare of switching between applications. Don’t worry , these is the time to upgrade to ERP Systems . For example , you are working in a manufacturing company ,your duty is to manage production and maintain a satisfactory inventory levels. To do this effectively and efficiently you need a supply chain process that integrates sourcing , sales ,distributions and other manufacturing planning functions. If there is a lack of communication between these codependent processes, it will result to undesired shortage, disturb production and destroy the business bottom-line .
The ERP Systems combine different operations in a single and central workspace. It reduces the cost of software integrations, user error and expense to maintaining multiple systems. ERP Systems reduces the nightmare of tracking inventories , producing comprehensive report about the client ,in fact , ERP System help to organize and access data in a central location.