ERP is the abbreviation of the software known as Enterprise Resource Planning. ERP’s factual purpose lies in the term Enterprise only. It does not have to do much with Planning and Resource parts. Its main ambition is to join together all the departments and their functions of the enterprise to a single system. In other words, ERP solutions integrates internal and external management information throughout the enterprise, such as finance/accounting, warehousing, manufacturing, human resources, sales and service, CRM, etc.
ERP solutions mechanize these activities with incorporated software. Its main aim is to smothen the information flow among every department’s functions within the enterprise territory. It also manages the links with external stakeholders. By building an exclusive software program which caters to the requirements of people engaged in different functions say, in finance, in marketing, in human resources or in warehouse, ERP solutions assimilates a company’s functions into a single software package.
All these departments usually have their own computer software on which the particular department executes its work. But ERP solutions merge them into an exclusive and integrated software program which operates on a common database so as to make the communication and information sharing process an easier task across the various departments. This integrated technique can yield tremendous returns if the entire software is installed properly in the enterprise.
For instance, take a customer order. Normally, when an order has been placed by a customer, the journey of that order starts from one basket to another across the enterprise, repeatedly being entered and reentered into computer systems of distinct departments. All that roaming around in baskets leads to delays and lost orders; and the reentering method into diverse computer systems provokes inaccuracy. For the moment, nobody in the enterprise can depict the exact position of the order placed. Say for example, there is no scheme for the finance department to get access to the warehouse’s computer system to check whether the order has been made out or not.
An ERP solution resolves this problem with unique software program classified into modules of finance, marketing, production, HR, manufacturing and the warehouse. Now, the people in finance can come across into the warehouse software to watch if an order has been shipped or not. Ultimately, making the task easier and user friendly.
There are many companies of software development India that provide ERP solution software, including international ones and small industry-specific ones. Reputed vendors include SAP, Oracle, Microsoft, NetSuite and Epicor. These days, organizations prefer an ERP solution system, from that company’s software development India, which is competent enough to administer all the aspects of their enterprise completely.