ERP Features and Benefits
By : Mohit Kumar
The business information system that integrate
various functions of business are called Enterprise
ERP system is an information system that
supports several areas of business by combining a
number of applications with a single database that
stores all the data used by the application.
Features of ERP
HCM (Human Capital Management)
CRM (Customer Relationship
1. Mobile Functionality :
ERP system with mobile functionality lets
workers access a software program that allows a mobile
device, from a Tablet PC to an iPhone, connect to the
2. Manufacturing :
It helps companies in align their
manufacturing and inventory processes.
3. HCM :
ERP HR modules processes employee
administration, payroll and legal reporting.
4. Project Management:
ERP project management module removes the
guesswork from project-related activities so that
companies can select the best projects, assign the
proper resources, streamline delivery efforts and track
Customer relationship management module
helps bring data together to enable salespeople and
marketing planners alike to better address customer
Benefits of ERP :
ERP integrates activities of the organisation.
It eliminates information asymmetries as all
the information is put into the same
It provide on-line and real time information as the
information is gathered at the source and placed
directly into the computer.
ERP system ensure consistency of operation.
It makes the access of information easier by
providing central information repository.