How can your organization be one of them that could reduce operating costs by 25% ? While evaluating the opportunity for improvements, ask yourself the following:-
- How many systems are operating in your organization today?
- How standardize are your reports or business data across the organization?
- How much resources needed in order to maintain these systems?
Why having a standardize system such as Enterprise Resource Planning (ERP) can help? What are ERP advantages?
ERP software acts as a backbone of an organization’s technology stack, literally the backend business engine that links information within a single system for accuracy and integral sharing. An ideal ERP solution able to manage different business functions as one that integrates processes and standardizes important organization data.
Why is ERP significant?
BEFORE ERP
- Every department has its’ own customized computer applications:
- Account department uses accounting software
- Sales department is using MS Excel
- Purchasing department is managed manually
- Warehouse department is using stock-bin card
- Most of the data is kept paper-based
- Production is managed by the senior planner
RESULT: False data and delayed decision-making – as information or data had to be integrated from different business systems.
AFTER ERP
All the needed modules are integrated in one SINGLE system: ERP Advanatges
- Finance
- Supply Chain Management
- Customer Relationship Management
- Service Processing
- Data Warehouse
- Production and more
RESULT: Integration of the business processes – every department/function is able to store and access information in real time under one single system.
Hopefully these information has given you a good overview of the ERP advantages.