What is Enterprise Resoure Planning (ERP)

Enterprise Resource Planning (ERP) is a broad term for a variety of Business software solutions which aim to:

  • help grow revenue,
  • increase productivity company-wide,
  • improve efficiency throughout the enterprise
  • and manage costs

The Do you Need ERP Guidebook expands on this section.

ERP integrates a variety of disparate systems, such as finance, SCM (Supply Chain Management) and CRM by automating time consuming processes and streamlining operations. With a unified view of cross-company information, executives can ultimately make better decisions about corporate objectives and strategies.

We  find that companies are looking to review their current ERP systems and prepare for the future. Another group are companies that are growing rapidly and need to grow from basic accounting packages into systems that manage many parts of the business.

When buying an ERP system, there is usually a particular business problem that is being addressed – such as poor service, wasted effort, reworking. The ERP system is designed to enhance and automate the business processes across various business groups.

When researching the market for ERP solutions, you will need to consider a range of areas; such as what systems need to exchange data with the  ERP system or whether the system is on-site or off-site. Other things that are important in selection a new system include the size of your business, whether the business is large or small, whether it will be used by a large number of people or a discrete group. You can consider buying an all encompassing solution called a suite or you can buy standalone systems to carry out specific functions. In the main small to medium businesses should consider suites whereas large businesses will consider suites and standalone solutions. Smaller businesses should look at the section ‘Simple’ ERP initially.

To find out more, based on your needs, you’ll find more information by following links below or via the tabs and menus above.

Finance & Accounting– looks at financial management, accounting, general ledgers, cash-flow management, tax handling.

Manufacturing – looks at inventory, logistics, production, quality assurance

Supply Chain – looks at demand planning, supply planning & control, logistics control and how to integrate into the systems of your customers and suppliers

CRM – campaign management, market development, account management, invoicing

Human Resources – personnel management, time management, compensation, payroll, employee self-service

BI/ReportingERP systems have advanced reporting and analytics designed to provide you information as well as data from business operations. Analytics add-ons fall into a variety of types such as Business Intelligence, Reporting, Dashboards and Data Mining.