Enterprise resource planning (ERP) refers to a type of software that organizations use to manage day-to-day business activities such as accounting, procurement, project management, risk management and compliance, and supply chain operations.
2. What Does ERP stand for?
• Enterprise resource planning (ERP) refers to a type of
software that organizations use to manage day-to-day
business activities such as accounting, procurement, project
management, risk management and compliance, and supply
chain operations.
• ERP systems tie together a multitude of business processes
and enable the flow of data between them.
• Today, ERP systems are critical for managing thousands of
businesses of all sizes and in all industries. To these
companies, ERP is as indispensable as the electricity that
keeps the lights on.
3. What Does An ERP do?
• ERP is an application that automates business processes
and provides insights and internal controls, drawing on a
central database that collects inputs from departments
including accounting, manufacturing, supply chain
management, sales, marketing and human resources (HR).
• Every business must complete work that requires
numerous stakeholders with various responsibilities. But
that’s a struggle when the information needed to execute
processes and make key decisions is spread across
disconnected systems.
• Whether data is held in basic business management
software or spreadsheets, employees have a hard time
finding what they need and may lack access to it entirely.
4. What are the benefits of an ERP System?
• What are the key business benefits of ERP software?
1. Enhanced Business Reporting:
1. Better reporting tools with real-time information
2. A single source of truth – one integrated database
for all business processes
2. Better customer service:
1. Better access to customer information
2. Faster response times
3. Improved on-time delivery
4. Improved order accuracy
3. Improved Inventory Costs:
1. Only carry as much inventory as needed, avoid
these common issues
1. Too much inventory, and higher overhead
costs
2. Too little inventory, and longer customer
fulfillment times
5. What are the
different features
of ERP Software?
• Integration. Data silos lead to
inefficiency, missed opportunities and
departments working at cross-purposes.
• Automation
• Data Analysis
• Reporting
• Tracking and Visibility
• Accounting
• Financial Management
• Customer Relationship Management
(CRM)
6. Suggest ERP software
solution?
• NetSuite.
• Sage Intacct.
• SAP S/4HANA Cloud.
• SAP Business One.
• SAP.
• Acumatica.
• TallyPrime.
• Microsoft Dynamics 365 Business Central.
• ERP Next
7. Our Services
• Don’t know where to start while deciding to shift to a more advanced ERP system? Confused about the customization
capabilities of different ERP softwares? Not sure how to estimate the costs involved, and what to check in the product
demo?
• We’ll take the stress out of project managing your ERP implementation by:
• Helping you pick a suitable ERP software (after assessing your business needs and requirements)
• Negotiating license costs with the implementation vendor.
• Preparing your team for change management (which is no joke).
• Creating BRD and automating processes – you can rely on our expertise to implement the perfect ERP for your company.
• Evaluate How to Optimize the Functionality & Cost of Your ERP with our ERP migration experts, Book your FREE call
Now at below link-
https://contetra.com/erp-implementation-solutions/