ERP stands for “Enterprise Resource Planning” and refers to a type of software or system used by a company to plan and manage daily activities such as HR, supply chain, manufacturing, services, financials and other processes. In simple words ERP is the bunch of Modules or departments which are linked with a proper process.

Using good ERP software properly, company can improve & optimize the majority of their business process, which are implemented in various aspects of the company’s work. Company can set it up according to their requirements & personal preferences. Mostly below given modules are covered in ERP.

  • Finance
  • Procurement
  • Manufacturing
  • Inventory
  • Purchase
  • Warehouse / Store
  • CRM (Customer Relationship Management)
  • Service
  • Sales
  • HR
  • Others

From ERP 1.0 to 2.0

Journey of ERP is improvising day by day. From starting, From the beginning, companies were doing manual process for all their routine activities. Later on they Improvised with technology. Nowadays, in the era of stiff competition all companies have to stay updated with on hand analytical data.

In

Technology for ERP

1960s

Mainframe Computing

1970s

Midrange Computing

1980s

Client/Server Computing

1990s

Internet Computing

2000s

Service Oriented Architecture

2010s

Cloud, Mobile, Social, Analytics

Key benefits of ERP implementation

There are some certain benefits of ERP implementation.

Reduction in Operating Cost

Operating Costs Reduction

By using good ERP Software, companies can reduce the operating costs for their daily activities.

Facilitation of day-to-day management.

Facilitation of day-to-day management

Getting data easily to manage all processes with ERP.

Strategic Planning Support

Strategic Planning Support

Company can do their strategic plan for their day to day processes.

Now Is the Right Time to Modernize Your ERP

In the digital era, now every human or every company have to move on so fast, faster & constant to retain their position. Every technological changes have to apply in day to day process to make  things easier & faster.

Characteristics of Today’s Modern ERP

Security

Security
Integration

Integration
Completeness

Completeness
Globalization

Globalization
Insight

Insight
Personalization (Not Customization)

Personalization
(Not Customization)
Digital Capibilities

Digital Capabilities

Types of ERP by Implementation

Three ways to implement any ERP.

  1. On Premise ERP : On Premise ERP means software installed within working area. One big drawback of this kind of ERP is limited accessibility for it.
  2. Cloud Base ERP : Any ERP Software-as-a-Service (SaaS) which is available over a Cloud-hosting service rather than on premise deployment. This option lets you access real-time data as long as you have Internet access and is suitable for large enterprises.
  3. Hybrid ERP : Enterprise resource planning systems which blend on premise and Cloud-based deployment.

Advantages of ERP: Is it worth developing new software?

  • IT Costs Reduction
  • Better Visibility
  • No more Manual Reports
  • Flexible Modules
  • Improved Efficiency
  • Interaction with Clients
  • Data Security