ERP Software Solutions – What
is ERP?
Enterprise resource planning (ERP) refers to a type of software that is used to
manage day-to-day business activities. It includes activities like accounting,
project management, procurement, risk management, and supply chain
operations. It also includes enterprise performance management that helps
plan, budget, predict, and report the financial results of an organization. ERP
systems tie together a multitude of business processes. It enables the flow of
data between them. ERP systems eliminate data duplication and provide data
integrity by collecting an organization’s shared transactional data from various
sources.

ERP systems are designed around a single and defined data structure that
typically has a common database. This helps ensure that the information is
based on common definitions and user experiences. Also, it is used across
the normalized enterprise. Driven by workflows across business departments,
these core constructs are then interconnected with business processes,
connecting systems and the people who use them. Across a modern
enterprise, ERP is the vehicle for integrating people, processes, and
technologies.
What is an ERP system?
Enterprise resource planning systems are complete, integrated platforms
managing all aspects of a production-based or distribution business either on-
premises or in the cloud. It supports all aspects of supply chain management,
financial management, manufacturing, and human resources with your core
accounting function. By tracking all aspects of production, logistics, and
financials, ERP systems will also provide transparency into your complete
business process.
For end-to-end workflow and data, these integrated systems act as a
business’s central hub and allow a variety of departments to access. Across
the enterprise, mid-sized, or small businesses, ERP Systems and software
support multiple functions including customizations for your industry. A key
ERP principle is the central collection of data for distribution across the
nations. ERP systems bring order to chaos so that all users can create, store,
and use the same data derived through common processes.
Business Value of an ERP system:
In today’s business world, it’s impossible to ignore the impact of ERP.
Businesses can align separate departments and improve workflows as
enterprise data and processes are corralled into ERP systems. It results in
significant bottom-line savings. It includes:
 Lower operational costs through streamlined business processes
 Consistent infrastructure from the back office to the front office
 Improved business insight from real-time information
 Higher user-adoption rates from a common user experience
 Enhanced collaboration from users sharing data
 Reduced risk through improved financial controls and data integrity
 Improved efficiency through a common user experience
 Lower management and operational costs through uniform systems
Reasons to move to an ERP cloud solution:
For businesses of all sizes, retiring on-premises systems and moving entirely
to the cloud is not possible. Be it enterprise or small to midsize business, it’s
not something they’re comfortable doing. However, ignoring all the
advantages of enterprise resource planning as a cloud solution and staying

the course with an on-premises ERP, is no longer an ideal path either. So,
here are some reasons why to move to an ERP cloud solution.
1) Extend the value of your existing ERP System
With cloud applications, augmenting and integrating legacy software can
complement, enhance, and supplement important tasks. Giving businesses a
great opportunity to start adopting cloud capabilities, this approach can
breathe new life into legacy ERP systems.
2) With ERP Software readily adopt new and evolving SaaS technologies
Like artificial intelligence (AI), next-generation technologies help cloud-based
systems rapidly improve their capabilities. Unlike your legacy system, it does it
with no need for periodic updates. Now, ERP software continually become
significantly easier to manage and use with no additional or new input from the
end-user.
3) Access new technologies with ERP Software
Finding cloud applications that complement your legacy ERP software
modules is vital for the organization. It lets you immediately take advantage of
rapidly advancing new technologies as well as improving user paradigms. To
deliver immediate business capabilities and value, these provide the
complimentary systems without a fundamental change in your operations.
4) Evolve your financial systems
Cloud-based technology was born in the last decade as legacy systems were
never meant to be modern engines for reporting. With an entirely different
mindset and understanding of not only what was needed to be successful for
ERP platforms but also what was possible, it is developed as a core principle.
5) Reduce third-party dependencies with ERP Software
From a third-party vendor to generate operational business intelligence,
reporting and analytics for legacy systems typically require involvement. ERP
vendor often produces the same or better intelligence by using cloud
applications from your legacy without needing an additional vendor
relationship.
6) More robust security resources
Especially To proactively monitor and stay current with cloud security issues
and threats, Cloud solution service providers have large, full-time teams that
are exclusively dedicated. They are dedicated 24 hours a day for the utmost
security of resources.
7) Attract in-demand talent
With seamless technology that is mobile, easy to use, and always-on, the next
generation of young workers has grown up. With on-premises technology, no
company that continues to rely purely on this will be able to recruit top talent,
regardless of age.

Get started with Elate ERP Software:
Even though, Organizations have always struggled to balance the need for
customized features and flexibility against the traditional ERP’s high costs and
complexity. So now, watch and learn how Elatesoft ERP Cloud delivers real-
time insights, connected teams, and unified data to help you and your finance
team. It ensures that the best business decisions are made. Your organization
can be future-ready and outpace change with ERP delivered as a service in
the cloud. Today’s ERP cloud is built for the digital age and embraces mobile,
social, analytics, and the latest emerging technologies.
Particularly, Being the best Accounting Software dealer in Dubai, UAE, and all
over the Middle East, we provide all the services from ERP implementation to
custom ERP. The latest new and revolutionary emerging technologies
become available to subscribers on a regular cadence. Especially, From ERP
software Dubai to ERP software UAE, we provide significant post-sales as
well. You can quickly improve your business best practices as the ERP
software evolves with access to these new technologies. So, contact us to
book an appointment to know more about the software and a free demo.
www.elatesoft.com
Office 205, NBQ Bank Building - 16th St - Khalid Bin Al Waleed Rd - Bur Dubai - Dubai -
United Arab Emirates
+971 50 803 6350