ERP Benefits and Limitations

it’s very common for business to spend too little time
gathering their ERP requirements. Understandably, many
businesses focus on how their current processes will transfer
over into the new system. However, ERP software is more
than a replacement for pen and paper.
It’s quite transformative when used correctly, but the only
way to do that is to think about that transformation from the
beginning. To accomplish this, it’s important to think about
everything an ERP system offers.
To help you get started, we’ve created an extensive list of the
most popular ERP requirements and limitations.
ERP – Benefits and Limitations

Determining your ERP system requirements involves more
than determining which features and tools your business
needs. In order to really revolutionize your operations, you
need to think about your goals and how your vendor will
meet them.
ERP – Questions to Think About

ERP Sirius is highly scalable, and we don’t mean just
hardware. We mean we will develop your functional
requirement as your business grows and expands.
ERP – What Will My Business Look Like in the
Future?

We have 30+ years’ work expertise and invest heavily in our
development tools and continue to do so.
Our venture into ERP started in the early 1990 when we
developed critical applications for government and multi-
national companies.
We have brought all that know how and knowledge into ERP
Sirius.
ERP – What Will My Vendor Look Like in the
Future?

We offer a free version because we know you will have your
staff have a say on the business tools you want them to work
with.
Staff like being involved, getting them active and participating
is a great moral booster.
Understand workflows and how ERP Sirius could help or
hinder them.
ERP – Who Will Use the System Most Often?

Finding an ERP that can cater to all your requirements is not
easy. We can build your requirements.
We have the expertise to bring additional functionality very
rapidly.
ERP – Which Requirements Are Most
Important to My Business?

One of ERP’s greatest strengths is its ability to automate, streamline and
analyze the vast majority of accounting operations. Without a software
system in place, your team can spend dozens of hours each month on
tedious tasks like payroll, invoicing and budgeting. But when these
processes are automated, you enable your staff to shift to a more advisory
role.
ERP software aids in this adjustment further by providing analytical tools.
ERP Sirius allows you to export data into Excel for further analysis reduces
errors and allows organizations to properly gauge their financial health
across all departments.
ERP – Top ERP Requirements
Accounting and Financials

• Accounts Receivable
• Accounts Payable
• Invoices
• Deposits
• Budgeting
• Bank Reconciliation
• ERP-to-Bank Interfaces
and Reconciliation
• Cash Flow Management
• Automatic Cost Calculation
• Cost Calculation Mode Selection
• Payroll
Accounting and Financials
• Cost Analysis
• Advanced Allocations
• Budgeting
• Expense Management
• General Ledger
• Invoicing/Billing
• Multiple Currencies Support
• Multiple Languages Support
• Regulatory Compliance Support

• Benefits Administration
• Enterprise Compensation
Management
• Human Resource Management
• Payroll Integration
• Employee Performance Management
• Tax Administration
Human Capital Management
• Employee Self-Service
• Manager Self-Service
• Talent Management
• Time and Labour/Attendance
• Time Card Management
• Personal Income Tax
Many businesses invest in ERPs due to its exceptional ability to manage
and analyze human capital resources. By automating tasks like benefits
administration and tax calculations, ERP drastically reduces the potential
for human error. This results in increased efficiency and fewer financial
losses due to inaccuracy.

• Capacity Requirements Planning
• Production Cost Analysis
• Production Control
• Process Synchronization
• Product Data Management
• Engineering Change Management
• Forecasting
Manufacturing and Distribution
• Job Costing
• Master Production Scheduling
• Quality Assurance Management
• Quality Monitoring
• Quality Analysis
• Resource Planning and Management
ERP’s ability to manage manufacturing processes saves time and money by
maximizing staff hours. It ensures accuracy, gauges organizational
productivity, identifies weaknesses and automates much of the supply
chain. Manufacturing and distribution process management is especially
beneficial because it completes tasks such as production control, quality
analysis and distribution scheduling that often consume many hours of
staff time.

• MRO
• Availability of Materials
• Availability of Stock
• Optimum Store Inventory
• Planning
Materials Management
Materials Management allows businesses to monitor stock, deliveries and
orders. ERP also uses historical sales data to predict sales trends, which
allows businesses to determine optimum stock levels.
These functions give retailers and manufacturers the ability to meet
revenue goals, maximize storage space and eliminate unprofitable
inventory.

Sales and Inventory Management
Sales and order management tracks and analyzes sales data, automates transactions,
monitors performance, tracks expenses, and even manages order preparation and
customer credit. ERP uses historical data to determine ideal price points and prime
inventory numbers, saving businesses a great deal of time by removing the need to
manually perform price/profit calculation.
It also allows you to immediately locate any item in your warehouse, which streamlines
order processing. All of these functions ultimately save businesses time and effort while
increasing accuracy and efficiency throughout the organization.
• Customer Credit Management
• Pricing
• Picking
• Quotations
• Sales Order Processing
• Capable to Promise Inventory
• Bill of Materials (BOM)
• BOM Reporting
• Credit Card Processing
• Online Transaction Reporting
• Sales Order Management

Supply Chain Management
• Logistics Management
• Logistics Planning
• Procurement
• Sourcing
• Dispatch of Orders
• Execution of Orders
Supply chain management (SCM) tools facilitate the operations
involved in getting a product from a supplier to a consumer. SCM
suites manage functions related to procurement, distribution and
resource management. Consequently, those who tend to find
SCM suites particularly valuable are often retailers,
manufacturers and distributors.
A major benefit of SCM software is its ability to automate the
tedious tasks necessary to the supply chain. This feature enables
businesses to spend less time on repetitive work, which results in
higher productivity levels and increased speed of operations.
Additionally, automation reduces the risk of human error by
decreasing the amount of user intervention needed to complete
an order. This increases accuracy and eliminates error-induced
costs.
• Distribution Management
• Event Management
• Collection of Production
Data

Customer Service Management (CRM)
ERP offers many valuable capabilities in regard to
CRM. First, many systems offer automated marketing
tools that allow users to plan and carry out
campaigns through their entire lifecycles. These
include robust analytical tools that help businesses
improve the customer experience from start to end
and increase retention rates. Sales tools enable users
to manage sales orders across all channels.
ERP systems allow users to quickly look up customers
to access contact information, past invoices and
more.
This includes supporting procurement activities as
well as distribution practices. Customer service
management also incorporates features to manage
customer accounts. Centralizing all your customer
data in one place can be very helpful, especially for
businesses that want to get an in-depth
understanding of their clients.
• Customer Account Management
• Customer Account Dashboard
• Contact Management
• Automated Marketing
• Marketing Resource Management
• Pricing and Tracking
• Cost Summaries
• Service Management
• B2C Commerce
• B2B Commerce
• Order Management
• Web Storefront Tool
• Email Tools
• Email Integration
• Case Management
• Customer Self-Service
• Marketing Campaign
• Rental Management
• Sales Management
• Mobile Access

Integration Capabilities
ERP integrates seamlessly into your existing infrastructure. This allows for full
implementation with minimal disruption to business operations. Once
implemented, ERP offers a single, intuitive portal through which businesses can
perform tasks, analyze data, generate reports and integrate new applications easily.
Ultimately, ERP’s integration ensures staff will be able to use the system quickly and
effectively.
• Module Integration
• Hardware Integration
• Application and Software
Integration
• Integration With Handheld Mobile
Devices
• Integration With Portable Scanners
• Integration With Fax Server
• Integration With Barcode Generator

Deployment
Even though many ERP vendors offer both on-premise and cloud deployment,
you should still give this aspect some thought. On-premise systems offer a greater
level of control and customization over your ERP. However, some ERPs comes at a
steep price. On-premise solutions typically are more expensive to set up, take
longer to implement and are difficult to update, this is not the case with ERP
Sirius.
But for businesses with strict security compliance requirements or little access to
the internet, they can be a good alternative to cloud computing.
Cloud-based systems are quick and easy to implement, don’t require a ton of
maintenance staff and are cheaper upfront. But these solutions don’t offer as
much customization and can raise many questions over data ownership. However,
each business is different. What works for one company might not work for yours.
• On-Premise
• Cloud-Based

Support
Ensure your ERP vendor offers the kind of support that allows you to get the most
out of the system. While ERP is an intuitive solution with a surprisingly minimal
learning curve, it is a complex system that may require troubleshooting, training
or even repair.
Thus, it is extremely important that your ERP provider offers excellent user
support.
We believe a proper developed system allows greater for self learning.
• Training
• Maintenance
• Phone
• Email
• Chat/IM
• Helpdesk Support
• Forum/Community Support

We have explained some of an ERPs requirements, but there are many more.
A well designed and developed ERP will allow rapid development of new vertical
business into its portfolio. Like hospitality which is more that a Property
Management System.
It also introduction of new technologies like internet of things, or IoT, blockchain
and artificial intelligence.
ERP Sirius is built with all these in mind, just ready to be switch on or being
developed currently.

ERP – ERP Limitation
High Cost of Implementation
The high cost of implementation and maintenance. (High initial investment)
ERP Sirius is highly competitive in it’s pricing matrix and maintenance costs.
This is due to the strategy and tools we developed ERP Sirius with in the
early year.
We don’t use an open-source components and cut down our reliance on
third-party components so that we have a secure and robust.
If your hardware runs 24/7, when you go live, our software will run 24/7.

Adaptation to the hardware
Adaptation to the hardware in the company.
If your hardware connects to a computer, we can connect or write an API to
do it.

Training
It is necessary to train all employees in the company so that the system is used
efficiently. This is a cost for the company as well as the time and effort needed for it.
We provide a free version of ERP Sirius so that you see how easy it is to use
ERP Sirius.
We have experience training thousand of people on software, creating
training materials, redesign business processes and finding loop holes where
billions are stolen.

Integration
Integration with other applications in the enterprise needed.
ERP Sirius will integrate with most enterprise system. It has a powerful
import and export features.
We can develop integrations, if you need to integration to alien devices.. Ok
we will give it our best shot.

Inflexibility
Inflexibility of the system, because this is a generic system.
ERP Sirius is designed to be flexible. It is written with one of the most flexible
development languages.

Few Experts
There are few experts in this system.
You don’t have to be an expert in using ERP Sirius, you have to be an expert
in running your business and ERP Sirius is the flexible tool that allows you to
do that.

Few Experts
There are few experts in this system. If the system is not applied correctly, it can be
very detrimental to the company.
Limitations of ERP (Enterprise Resource Planning) Systems:
The cost of ERP Software, planning, customization, configuration, testing,
implementation, etc. is too high.
We have reduce that cost and that is reflected in our pricing matrix, which is
ultra low for and ERP.
We don’t change for customisation, configuration and planning. Unless we
need to be on your premises.

ERP deployments are highly time-consuming – projects may take 1-3 years
(or more) to get completed and fully functional.
We can get you up and running in less than 6 months.
We provide our free ERP version to help you and us estimate the time and
requirements required.

Too little customization may not integrate the ERP system with the business
process & too much customization may slow down the project and make it
difficult to upgrade.
Our ERP is designed to be upgraded, it so called plug and play in the
software world.
ERP Sirius is modular in design, an introduction of a new module does not
disrupt existing modules. Each module is design to take new business
specifications and functionality.

The cost savings/payback may not be realized immediately after the ERP
implementation & it is quite difficult to measure the same.
There are ways to measure cost, time, process efficiency, enhanced security
and fraud prevention.

The participation of users is very important for successful implementation of
ERP projects – hence, exhaustive user training and simple user interface
might be critical. But ERP systems are generally difficult to learn (and use).
ERP Sirius is designed to be easy to learn and it’s interface are modern, clean
and intuitive.

There maybe additional indirect costs due to ERP implementation – like new
IT infrastructure, upgrading the WAN links, etc.
ERP Sirius will run on your existing network, or PC but we have a minimum
requirement.

Migration of existing data to the new ERP systems is difficult (or impossible)
to achieve. Integrating ERP systems with other stand alone software systems
is equally difficult (if possible). These activities may consume a lot of time,
money & resources, if attempted.
Not with ERP Sirius. We have a lot of experience in data import and export.

Evaluation prior to implementation of ERP system is critical. If this step is
not done properly and experienced technical/business resources are not
available while evaluating, ERP implementations can (and have) become a
failure.
Download our free version and have a look.

ERP Benefits and Limitations

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