What is ERP?
ERP (Enterprise Resource Planning) is software designed to manage key business-processes of the enterprise.
The advantage of ERP systems is their universality. With equal success, they are used both in industrial enterprises, banks, insurance companies and educational institutions. In other words, in organizations with a fundamentally different specificity of work.
Software for enterprise resource management (ERP) is designed to collect, organize, and interpret data from a variety of departments, including:
- Customer relations
- Supply chain
- Human Resources
Without ERP most of the data has no context, perspective or connection.
Why does a company need ERP?
The company receives a number of advantages when implementing managing systems. First and foremost it is the stability and unification of all the processes and enterprise data.
In other words, the purpose of ERP system is to achieve consistency in the various divisions of the company. This can significantly reduce administrative costs and eliminate the problem of data integration, because all the enterprise works with a single system.
The system provides planning and integrated management of all processes on which the Internet solutions are created. The lack of a reliable system of internal planning and control, integrated with an external Internet resource, dooms to failure the company decided to engage in e-Commerce.
It is a powerful tool for increasing profits through flexible management cost. ERP system provides the company with serious advantages over the competitors by optimizing business-processes and significantly reducing operational costs.
Implementation of the ERP system allows companies to increase their profits at the expense of loyalty of their old customers and attract new ones.
The system reduces management and operational costs on average by 15%, commercial costs on 35%. Allows you to save on current assets, reduce the cycle of realization, increase the turnover of funds in the calculations and improve the utilization of fixed assets.
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