ERP Software is an integrated and comprehensive software solution that is designed and developed to make the business functioning smooth. ERP Software solution provide versatility for any business system by making it more user-friendly and reliable. It is basically a process management software that allows any organization to use system integrated applications to manage the business and automate many back office functions related to technology, services and human resources.
These business activities can include: product planning, purchase, production planning, manufacturing or service delivery. It manages the business and automate many back office functions related to technology, services and human resource. It can manage the entire business organization and can run the business including Finance, HR, manufacturing and more.
Now ERP software solutions are developed as cloud based software that provides excellent support to manufacturers, industrialist and other business processes dealing in various industries. ERP software streamlines all the processes to eliminate future challenges. This end-to-end software solution will be designed to meet challenges of customer requirements and ensure effective supplier management, and cost control for business growth. It should be robust cloud based software.
Major benefits of ERP solutions:
1. Flexible, customized & user-friendly solution
2. Control all the Business Resources properly.
3. Cost Effectiveness of solution
4. Fantastic Management of Materials and Equipments
5. Streamline different processes
Types of ERP System
1.Industry Specific ERP
2.Web Based ERP
3.Small Business ERP
Industry Specific ERP– ERP Software for large corporations are developed basically to suit the organization’s specific and unique needs. For a small business offering services of Manufacturing, Finance, Construction & Real Estate.
Web Based ERP– ERP programs are complex, requiring high end computers to run them. It can be used as SaaS (Software as a Service). In this case, you pay a subscription to access the software and your data over the Internet. You can access data remotely from anywhere with Internet connection.
Small Business ERP-ERP Software System can cover everything from supply chain management to accounting solutions as well as customer relationship management. ERP system offers sales and order management but leaves out module for warehouse management.