What is Enterprise Resource Planning?
ERP is software that is used to manage day to day business processes often by integrating systems and
applications to manage the business and
automate many back office functions related to technology,
services and human resources. Enterprise Resource Processing software integrates planning,
development, manufacturing, sales and marketing in a single
database and application interface. ERP systems tie
together and define a plethora of business processes and enable the flow of data between them. By collecting
an organization's shared transactional
data from multiple sources, ERP systems eliminate data
duplication and provide data integrity with a "single source of truth." Today, ERP systems are critical for
managing thousands of businesses of
all sizes and in all industries. To these companies, ERP
is as indispensable as the electricity that keeps the lights on.
ERP System Design
ERP Systems are usually designed using a common database and based on the key principle of central collection of data for wide distribution. With this secure central database everyone in the organization
can be confident the data is correct, up to date and complete.
Benefits of ERP Systems
Improved Business Insights - Real Time Reports
Lower Opertational Costs - Through better defined and improved business processes
Improved Efficiency - Through a common user interface across business funtions and managed business processes
Reduced Risk - Improved data integrity and controls
Low Cost - Uniform and integrated systems
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