If you own a business, you might have come across the word ERP more often than not. People in your fraternity talk about it on a fairly regular basis and it seems to you as if it is the single most important thing that your business needs in order to grow. It thus becomes important for you to know what an ERP is – in case you aren’t already aware – and what value does it add to your business.
Enterprise resource planning (ERP) is an enterprise-wide information system designed to coordinate all the resources, information, and activities needed to complete business processes such as order fulfillment or billing. ... Ideally, the data for the various business functions are integrated.
What is SAP| SAP Introduction | Overview of SAPGlobustrainings
First of all you know what is SAP.Why we are using SAP.
Please visit our web site http://www.globustrainings.com
Email: globustrainings@gmail.com / info@globustrainings.com
Mobile: +91 9019342244
Boost your organization’s collective IQ with business intelligence tools that provide real-time insight into your organization.
Empower your people with 24/7, user-friendly access to the business intelligence (BI) and Big Data mining tools they need to make faster, more informed decisions. BI software and solutions – including ad hoc reporting, self-service data visualization and dashboards, predictive analytics, mobile apps, and more – can help business users improve performance and become more effective in everything they do.
ERP solutions manage a multitude of business processes and enable the flow of information among them. Moreover, by gathering a firm’s shared transactional data from various sources, enterprise planning systems delete data duplication and offer data integrity with a single source of information.
Why to strangle your business and increase complexities by using primitive business methods? Rather go for implementing an effective tool – ERP in your business and overcome the barriers of growth. Read on to discover the top signs that your business needs an ERP system. This guide will help you to analyze the pain points that your business has and how can they be resolved.
Enterprise resource planning (ERP) is an enterprise-wide information system designed to coordinate all the resources, information, and activities needed to complete business processes such as order fulfillment or billing. ... Ideally, the data for the various business functions are integrated.
What is SAP| SAP Introduction | Overview of SAPGlobustrainings
First of all you know what is SAP.Why we are using SAP.
Please visit our web site http://www.globustrainings.com
Email: globustrainings@gmail.com / info@globustrainings.com
Mobile: +91 9019342244
Boost your organization’s collective IQ with business intelligence tools that provide real-time insight into your organization.
Empower your people with 24/7, user-friendly access to the business intelligence (BI) and Big Data mining tools they need to make faster, more informed decisions. BI software and solutions – including ad hoc reporting, self-service data visualization and dashboards, predictive analytics, mobile apps, and more – can help business users improve performance and become more effective in everything they do.
ERP solutions manage a multitude of business processes and enable the flow of information among them. Moreover, by gathering a firm’s shared transactional data from various sources, enterprise planning systems delete data duplication and offer data integrity with a single source of information.
Why to strangle your business and increase complexities by using primitive business methods? Rather go for implementing an effective tool – ERP in your business and overcome the barriers of growth. Read on to discover the top signs that your business needs an ERP system. This guide will help you to analyze the pain points that your business has and how can they be resolved.
Enterprise Resource Planning (ERP) is a type of software that firms use to manage their day-to-day business activities like accounting, procurement, project management, risk management, compliance, and supply chain operations.
CARGOES Runner from DP World offers leading edge technology, in easy-to-use formats, to deliver significant improvements in control, visibility, transparency and cost efficiency right across freight forwarding operations, end-to-end.
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.
Small businesses are here to flourish. And with ERP for small business, there are no two doubts. Here is a detailed article on the Best ERP software that can make small businesses profitable.
Top 7 Benefits Enterprise Resource Planning | Enterprise WiredEnterprise Wired
This blog dives deep into the world of Enterprise Resource Planning, exploring its functionalities, benefits, types, and key considerations for implementation.
Enterprise resource planning (ERP) is business process management software that allows an organization to use a system of integrated applications to manage the business and automate many back office functions related to technology, services and human resources. ERP software integrates all facets of an operation, including product planning, development, manufacturing, sales and marketing.
Deploying an enterprise resource planning (ERP) system is an expensive proposition, not just in terms of licensing and maintenance, but in terms of dedicated resources and time. The implementation of ERP systems has helped small and mid-sized companies, significantly improve their business metrics by process optimization, improving the entire supply chain process, better inventory control, better reporting to take decisions, integration across functionalities and increasing transparency across the company. Purchase department can see the sales department data, Sales department can see inventory data, and top management can see any data on a click of single button.
ERP is an acronym for Enterprise Resource Planning, but even its full name doesn't shed much light on what ERP is or what it does. For that, you need to take a step back and think about all of the various processes that are essential to running a business, including inventory and order management, accounting, human resources, customer relationship management (CRM), and beyond. At its most basic level, ERP software integrates these various functions into one complete system to streamline processes and information across the entire organization.
The central feature of all ERP systems is a shared database that supports multiple functions used by different business units. In practice, this means that employees in different divisions—for example, accounting and sales—can rely on the same information for their specific needs.
Dive into the future of business efficiency with our compelling presentation, 'Trends Transforming Enterprise Resource Planning in 2024.'
Uncover the intricacies of ERP software, exploring its fundamental features and the pivotal role it plays in organizational success.
Gain insights into the current landscape of ERP adoptions through up-to-date statistics, setting the stage for a comprehensive understanding of its present impact.
Embark on a journey into the future as we delve into growth projections for ERP in 2024, providing strategic foresight for businesses aiming to stay ahead in the competitive landscape.
Explore the transformative power of data in the realm of ERP, unveiling how data-driven strategies are shaping the very fabric of enterprise resource planning.
Our presentation goes beyond the ordinary, spotlighting the top ERP trends destined to shape 2024.
From cutting-edge technologies to evolving methodologies, we cover the pulse of the industry, ensuring you're equipped with the knowledge to navigate the dynamic ERP landscape effectively.
In conclusion, join us in synthesizing the wealth of information presented, as we tie together key takeaways and offer strategic insights. Be prepared to harness the full potential of ERP, leveraging the latest trends to propel your business towards unprecedented success in the evolving business landscape.
Introducing our comprehensive guide on ERP for Ethanol - a must-read for industry leaders and decision-makers seeking to optimize their ethanol production processes.
Explore a wealth of insights, practical tips, and in-depth information on how ERP solutions can transform your operations.
From streamlining production to ensuring regulatory compliance, this guide provides a roadmap for leveraging ERP to propel your ethanol business towards unprecedented efficiency and growth.
Uncover the power of integrated solutions designed to enhance every facet of ethanol production.
Dive into our ERP for Ethanol Comprehensive Guide and unlock the potential for unparalleled success in the dynamic ethanol industry.
Take a quick look at the trends that will transform and rule Enterprise Resource Planning Software all through 2023 and may be beyond.
Table of content:
- What is ERP?
- How & Why is it evolving?
- ERP Trends for 2023
- ERP Stats and Growth
- Projections in 2023
- Conclusion
Read the presentation to get deeper insights.
A Quality Management System is a regulatory requirement of pharma manufacturers. It helps to instill quality culture by effectively managing the compliance issues and reducing the risk of errors. This presentation briefly talks about the importance of incorporating a QMS System. Take a look.
In recent years, enterprise resource planning (ERP) and its business applications have grown and matured dramatically. ERP in 2022 will embrace innovative developments that will offer long-term value for modern systems and businesses that implement it. Let's have a look at the top trends for this year:
Quality Management software helps organizations maintain uniformity and consistency in their products and services. It focuses on end-to-end processes, right from the quality of products and services to the activities and means to achieving it and consistently managing it. One such tool is - BM QualityMaster. It allows businesses to improve quality, achieve compliance, decrease risk, and reduce complaints by streamlining their quality management. Check out the PPT to know further-
Your asset, i.e. your inventory, can become a liability if not taken care of properly. However, an ERP can help you manage it. Want to know how? Then check out our infographic to know the benefits of managing inventory effectively through an ERP:
Chemical manufacturers have to adhere to strict rules and regulations when dealing with production, distribution or export of their sensitive chemicals. They also need to control overhead costs whilst meeting the production and compliance needs. And, this can only be achieved by implementing a chemical ERP software. Read on the infographic, to know the must-have features in it:
BatchMaster ERP for Food is a tailor-made food processing software that supports all the unique manufacturing requirements. It helps food manufacturers and food distributors improve food safety, streamline operational efficiency and manage business growth. Check out the infographic to know why it is the best food manufacturing software amongst all -
Vaccine development is just the first step in eradicating the pandemic, the real challenge lies in managing and handling its supply chain. An ERP built specifically for Vaccines can be the way out in efficiently fighting these challenges. Go through the presentation to know how exactly an ERP for vaccines helps.
Enterprise resource planning (ERP) and their business applications have seen a quantum leap in growth and maturity in recent years. ERP in 2021 will include trends for innovation that would create a sustainable value for the modern systems and the businesses adopting it. Let’s explore the top trends that will dominate this year:
Is it possible to execute complete ERP implementation remotely, without any of your consultants going on site? And if so, how? This infographic summarizes the answer.
Bill-of-material or the BOM is an important term in manufacturing industry. Go through the presentation to know its meaning, significance, purpose and how an ERP supports it.
Businesses are changing the way they used to work. They are adapting Enterprise Resource Planning (ERP) systems to make their business processes integrated and streamlined. To begin with, on-premise ERP and cloud ERP are the two options available for them. Both have their own pros & cons. However, the discussion of the best suited one comes down to what your business requirements are. Go through the presentation below and know about them in detail:
Companies that optimize their inventory reduce inventory items and stock levels, avoid associated carrying costs and obsolescence write-downs. Want to know the best practices to optimize your inventory, check the presentation-
To achieve operational excellence, a business needs strong collaboration and streamline procedures to follow. It also needs proper management of finances and supply chain altogether. And, the key to achieve this is, BatchMaster manufacturing integrated with Microsoft Dynamics GP. Want to know how? Check out the presentation below
Unless vendor and customer do not work conjointly with each
For implementing an ERP system successfully, the vendor and the customers are jointly involved. The vendor ensures that the ERP system implemented has all the fixes for the business
complexities that the customer faces, whereas the customer co-operates and supports the technical changes brought into the business process. Want to know what are the responsibilities that both of them carry, then check out the presentation or click to know more https://www.batchmaster.co.in/services/erp-implementation.aspx
In order to gain a competitive advantage, businesses in fashion industry need to respond quickly to evolving customer preferences and technical advancements. And this is when an ERP system becomes useful. Although there are plenty of them available in the market which can claim best offerings, but these claims may not be necessarily true. Then how to select the best one amongst all? Check out the presentation to know the steps to choose the best ERP software for Fashion business. https://www.batchmaster.co.in/industryserved/fashion-erp/erp-for-fashion-industry.aspx
Running a successful manufacturing business often means being
able to adopt new technology fast and to gain a strong
competitive advantage. ERP is one of the fastest growing
technology that manufacturers are implementing in their
businesses. If you are on a hunt for a new manufacturing ERP
system or are considering changing your current system, this
short guide will let you know the must-have features in ERP -
Enterprise Resource Planning (ERP) solution isn’t a new concept anymore. It’s a reality, its advancing way beyond imaginations. ERP is here to stay long, by offering improved process automation and enhanced security features. More and more companies of all sizes are turning to implementations of intelligent ERPs with latest
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COVID-19 had an unprecedented impact on scientific collaboration. The pandemic and its broad response from the scientific community has forged new relationships among public health practitioners, mathematical modelers, and scientific computing specialists, while revealing critical gaps in exploiting advanced computing systems to support urgent decision making. Informed by our team’s work in applying high-performance computing in support of public health decision makers during the COVID-19 pandemic, we present how Globus technologies are enabling the development of an open science platform for robust epidemic analysis, with the goal of collaborative, secure, distributed, on-demand, and fast time-to-solution analyses to support public health.
Globus Connect Server Deep Dive - GlobusWorld 2024Globus
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Check out the webinar slides to learn more about how XfilesPro transforms Salesforce document management by leveraging its world-class applications. For more details, please connect with sales@xfilespro.com
If you want to watch the on-demand webinar, please click here: https://www.xfilespro.com/webinars/salesforce-document-management-2-0-smarter-faster-better/
Providing Globus Services to Users of JASMIN for Environmental Data AnalysisGlobus
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Climate Science Flows: Enabling Petabyte-Scale Climate Analysis with the Eart...Globus
The Earth System Grid Federation (ESGF) is a global network of data servers that archives and distributes the planet’s largest collection of Earth system model output for thousands of climate and environmental scientists worldwide. Many of these petabyte-scale data archives are located in proximity to large high-performance computing (HPC) or cloud computing resources, but the primary workflow for data users consists of transferring data, and applying computations on a different system. As a part of the ESGF 2.0 US project (funded by the United States Department of Energy Office of Science), we developed pre-defined data workflows, which can be run on-demand, capable of applying many data reduction and data analysis to the large ESGF data archives, transferring only the resultant analysis (ex. visualizations, smaller data files). In this talk, we will showcase a few of these workflows, highlighting how Globus Flows can be used for petabyte-scale climate analysis.
OpenFOAM solver for Helmholtz equation, helmholtzFoam / helmholtzBubbleFoamtakuyayamamoto1800
In this slide, we show the simulation example and the way to compile this solver.
In this solver, the Helmholtz equation can be solved by helmholtzFoam. Also, the Helmholtz equation with uniformly dispersed bubbles can be simulated by helmholtzBubbleFoam.
Designing for Privacy in Amazon Web ServicesKrzysztofKkol1
Data privacy is one of the most critical issues that businesses face. This presentation shares insights on the principles and best practices for ensuring the resilience and security of your workload.
Drawing on a real-life project from the HR industry, the various challenges will be demonstrated: data protection, self-healing, business continuity, security, and transparency of data processing. This systematized approach allowed to create a secure AWS cloud infrastructure that not only met strict compliance rules but also exceeded the client's expectations.
Why React Native as a Strategic Advantage for Startup Innovation.pdfayushiqss
Do you know that React Native is being increasingly adopted by startups as well as big companies in the mobile app development industry? Big names like Facebook, Instagram, and Pinterest have already integrated this robust open-source framework.
In fact, according to a report by Statista, the number of React Native developers has been steadily increasing over the years, reaching an estimated 1.9 million by the end of 2024. This means that the demand for this framework in the job market has been growing making it a valuable skill.
But what makes React Native so popular for mobile application development? It offers excellent cross-platform capabilities among other benefits. This way, with React Native, developers can write code once and run it on both iOS and Android devices thus saving time and resources leading to shorter development cycles hence faster time-to-market for your app.
Let’s take the example of a startup, which wanted to release their app on both iOS and Android at once. Through the use of React Native they managed to create an app and bring it into the market within a very short period. This helped them gain an advantage over their competitors because they had access to a large user base who were able to generate revenue quickly for them.
top nidhi software solution freedownloadvrstrong314
This presentation emphasizes the importance of data security and legal compliance for Nidhi companies in India. It highlights how online Nidhi software solutions, like Vector Nidhi Software, offer advanced features tailored to these needs. Key aspects include encryption, access controls, and audit trails to ensure data security. The software complies with regulatory guidelines from the MCA and RBI and adheres to Nidhi Rules, 2014. With customizable, user-friendly interfaces and real-time features, these Nidhi software solutions enhance efficiency, support growth, and provide exceptional member services. The presentation concludes with contact information for further inquiries.
Code reviews are vital for ensuring good code quality. They serve as one of our last lines of defense against bugs and subpar code reaching production.
Yet, they often turn into annoying tasks riddled with frustration, hostility, unclear feedback and lack of standards. How can we improve this crucial process?
In this session we will cover:
- The Art of Effective Code Reviews
- Streamlining the Review Process
- Elevating Reviews with Automated Tools
By the end of this presentation, you'll have the knowledge on how to organize and improve your code review proces
Accelerate Enterprise Software Engineering with PlatformlessWSO2
Key takeaways:
Challenges of building platforms and the benefits of platformless.
Key principles of platformless, including API-first, cloud-native middleware, platform engineering, and developer experience.
How Choreo enables the platformless experience.
How key concepts like application architecture, domain-driven design, zero trust, and cell-based architecture are inherently a part of Choreo.
Demo of an end-to-end app built and deployed on Choreo.
Enhancing Research Orchestration Capabilities at ORNL.pdfGlobus
Cross-facility research orchestration comes with ever-changing constraints regarding the availability and suitability of various compute and data resources. In short, a flexible data and processing fabric is needed to enable the dynamic redirection of data and compute tasks throughout the lifecycle of an experiment. In this talk, we illustrate how we easily leveraged Globus services to instrument the ACE research testbed at the Oak Ridge Leadership Computing Facility with flexible data and task orchestration capabilities.
Globus Compute wth IRI Workflows - GlobusWorld 2024Globus
As part of the DOE Integrated Research Infrastructure (IRI) program, NERSC at Lawrence Berkeley National Lab and ALCF at Argonne National Lab are working closely with General Atomics on accelerating the computing requirements of the DIII-D experiment. As part of the work the team is investigating ways to speedup the time to solution for many different parts of the DIII-D workflow including how they run jobs on HPC systems. One of these routes is looking at Globus Compute as a way to replace the current method for managing tasks and we describe a brief proof of concept showing how Globus Compute could help to schedule jobs and be a tool to connect compute at different facilities.
Your Digital Assistant.
Making complex approach simple. Straightforward process saves time. No more waiting to connect with people that matter to you. Safety first is not a cliché - Securely protect information in cloud storage to prevent any third party from accessing data.
Would you rather make your visitors feel burdened by making them wait? Or choose VizMan for a stress-free experience? VizMan is an automated visitor management system that works for any industries not limited to factories, societies, government institutes, and warehouses. A new age contactless way of logging information of visitors, employees, packages, and vehicles. VizMan is a digital logbook so it deters unnecessary use of paper or space since there is no requirement of bundles of registers that is left to collect dust in a corner of a room. Visitor’s essential details, helps in scheduling meetings for visitors and employees, and assists in supervising the attendance of the employees. With VizMan, visitors don’t need to wait for hours in long queues. VizMan handles visitors with the value they deserve because we know time is important to you.
Feasible Features
One Subscription, Four Modules – Admin, Employee, Receptionist, and Gatekeeper ensures confidentiality and prevents data from being manipulated
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One app for all industries – a Visitor Management System that works for any organisation.
Stress-free Sign-up
Visitor is registered and checked-in by the Receptionist
Host gets a notification, where they opt to Approve the meeting
Host notifies the Receptionist of the end of the meeting
Visitor is checked-out by the Receptionist
Host enters notes and remarks of the meeting
Customizable Components
Scheduling Meetings – Host can invite visitors for meetings and also approve, reject and reschedule meetings
Single/Bulk invites – Invitations can be sent individually to a visitor or collectively to many visitors
VIP Visitors – Additional security of data for VIP visitors to avoid misuse of information
Courier Management – Keeps a check on deliveries like commodities being delivered in and out of establishments
Alerts & Notifications – Get notified on SMS, email, and application
Parking Management – Manage availability of parking space
Individual log-in – Every user has their own log-in id
Visitor/Meeting Analytics – Evaluate notes and remarks of the meeting stored in the system
Visitor Management System is a secure and user friendly database manager that records, filters, tracks the visitors to your organization.
"Secure Your Premises with VizMan (VMS) – Get It Now"
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Innovating Inference - Remote Triggering of Large Language Models on HPC Clus...Globus
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For more Tendenci AMS events, check out www.tendenci.com/events
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Unleash Unlimited Potential with One-Time Purchase
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2. An Overview
Introduction
The Modern Face of an ERP
Types of ERP
Components of ERP
What kind of Business needs ERP
Role of ERP in Organizations
Business Benefits of ERP
Future of ERP
Conclusion
3. Introduction
Enterprise Resource Planning (ERP) system is a set of integrated applications that help in managing
varied business activities and ultimately enable a smooth functioning of operations in following
ways:
• Integrates core processes of a business like finance, supply chain, manufacturing, raw material
procurement, marketing & sales, planning etc., into a single system.
• Facilitates real-time information across departments and empowers data-driven and pro-active,
accurate business decisions.
• Eliminates the culture of disparate systems, data duplication, chances of errors, delays,
manipulations and provides a single source of truth for everyone.
4. The Modern Face of an ERP
The contours in ERP’s landscape are changing at a striking pace as ERP is also evolving itself.
• Modern day ERP facilitates bird’s eye view in business processes for enhanced business control.
• The implementation time and customization cost is shrinking significantly
• There is steep rise in the extent of flexibility and scalability of ERP solutions
5. Types of ERP
1. On-premise: Also known as traditional ERP software where,:
• Implementation is done by vendor’s team on client’s site
• Database resides on an onsite server
• Complete IT infrastructure is required
• Customization possible to any extent
• Managed and run by the IT staff of the customer
6. Types of ERP
2. On-Cloud: A Cloud ERP is modern way of availing ERP benefits, where:
• Service is provided via SaaS and software is hosted on vendor’s servers
• Needs no additional hardware just an internet-enabled device and internet connection
• Service is accessed over the cloud by unique username and password
• Its economical, flexible, secure and affordable
• Little scope for customization
• Upgrades and maintenance done by vendor
7. Types of ERP
3. Hybrid: A hybrid ERP solution is the combination of the two ERPs – on-premise & cloud, where:
• A company can adopt cloud applications while also retaining its on-site ERP resources
• Greater mobility
• Fulfils unique demands of business operations
• Pocket friendly
• Easy installation and outside support
8. The key components of an ERP solution are its multiple modules, with each of them
focusing on one specific area of the business. Some of the most common ERP modules
include:
• Sales
• Inventory
• Material Procurement
• Production
• Finance & Accounting
• Formulation, BOM, & R&D
These components when brought together on a single platform forms the full suit ERP
solution for the synchronization of key business matrices and smoother operational flow.
Components of ERP
• Marketing
• Planning
• Quality Control
• CRM
• Business Intelligence
9. Businesses, whether big, small or medium encounter similar kind of challenges. Hence
everyone needs ERP. There are variety of factors that decides the type of ERP deployment:
• Size of the organization
• Budget
• Unique business processes decide the need of a full suite or only some specific modules
Only the solution type and mode of deployment differs depending on the above factors
because one size doesn’t fit all.
What Kind of Businesses need ERP
10. 1. On-Premise ERPs for Large Firms: For vast and complex set of manufacturing
operations, such as a large scale companies needs:
• A fully integrated, power packed ERP solution
• Though a bit costly, on-premise solutions are elaborate for their need
• Can be customised according to business processes
• Provides attention to details for enhancing the overall productivity of your organization.
What Kind of Businesses need ERP
11. 2. On Cloud ERPs for Small & Medium Sized Industries: On cloud ERPs are perfect choice
for small & medium sized industries because:
• It comes with absolutely no infrastructure cost and very limited expenditure budget
• Available on easy monthly subscription
• Avail only the desired modules instead of full suite
• Can be acquired with minimum user licenses
What Kind of Business needs ERP
12. ERP brings all your business processes together for:
• Seamless collaboration
• Faster decision making
• And enhanced overall productivity
Let’s look at its role in handling different aspects of the organizations:
1. Inventory Management- Manage multiple locations and warehouses with intelligent lot
tracing system.
2. Formula Management- Effectively manage formulas/recipes with approvals, security, version
control, sizing, instant roll back capabilities, material substitution and more.
Role of ERP in Organizations
13. 3. Financial management - Improve your control over company assets, cash flow, & accounting.
4. Supply chain and operations management - Streamline your sales, purchase, delivery,
dispatch and sales-order processing.
5. Production/ Batch Processing- Scale the manufacturing requirements with increased
efficiency and reduced production gap.
6. Project management- Provides the complete blue print of what, how and when to produce
with effective and accurate planning. Experience improved project monitoring.
Role of ERP in Organizations
14. 7. Customer relationship management- Enhanced overall customer experience. Optimizes
customer information and results into upgraded customer feedback.
8. Human Resource Management- Enrol and retain talent with tools that help you hire, manage,
and distribute wages to the staff.
9. Business intelligence- Make smart decisions with customised and easy-to-use reporting,
analysis, and business intelligence tools.
Role of ERP in Organizations
15. An ERP solution helps you draw numerous benefits from your business. Let’s have a look:
1. Automated processes: Paves way for uninterrupted flow of operations one after the other
automatically. No need to wait for green signals or information from other departments.
2. Streamlined processes: Integrates all the processes across departments from beginning to end
and meets the specific needs of each individual operations.
3. Improved productivity & efficiency: Saves time and resources by eliminating manual business
processes to promote productivity and improve efficiency.
Business Benefits of ERP
16. 4. Enhanced business visibility: Comprehensive and real-time visibility into performance of each
department and access to key business data.
5. Quality analysis & reporting: Allows to use interconnected dashboards for quick reporting &
analysis, thus facilitating informed and accurate decision making.
6. Reduced costs & risks: Streamlined business processes reduce the operational and
management costs, while improved data integrity and financial control reduce risks.
7. Adherence to industry & regulatory compliance: Facilitates control over documentation &
regulatory requirements. Enables complete traceability, to avoid hefty fines and secure brand
image.
Business Benefits of ERP
17. The most dynamic developments in the arena of ERP continue to mesmerize you resulting into
introducing more powerful, more affordable, and less complex solutions. Let’s have a look:
1. Expanding the Horizon of Connectivity with The Internet of Things:
• All devices, machines, people and products become connected via internet
• Entire data can be automatically funneled into the ERP system
• Better connectivity gives enhanced real time visibility over supply chain, inventory and
production
• Efficient appliance monitoring
• The IoT ecosystem in companies help to predict and solve the problem before they appear
Future of ERP
18. 2. Simplify With Big Data Analysis:
• Big data analysis allows companies to study large heaps of data
• Identify patterns, trends, and associations with precision to hit the bull’s eye
• Helps to win the market competition
• Analysis proves extremely helpful to take sales decisions and identify discrete trend changes
• Facilitates discovering new market opportunities
3. ERP Integration with Social Media:
• Social networking with ERP integration allows companies to connect with customers in real
time
• Enables them to update, analyze and give feedback on any order or activity
• It aids quicker & cheaper marketing along with providing scope for fast innovation.
Future of ERP
19. 4. Artificial Intelligence Makes You Work Smartly:
• Easily perform root cause analysis for corrective action plans
• Intelligently maintains history of performance of any equipment and its technical structure
• Understands the nature of equipment and instructs for its proper use
• Helps companies shift their focus towards more innovative, creative and analytical tasks
5. Enhanced ERP Security:
• Modern ERP offers top-notch data protection
• Sophisticated security features, like digital signatures and thumb impressions and combination
passwords
• Faster resolution of issues
• Security is available 24X7 by vendors
Future of ERP
20. • Technology is changing and evolving with every nano second, so is the environment of ERP.
• ERP has given a huge platform for IT experts to launch new and innovative ideas to improve
our business every day.
• Studies reveal that 57% of the companies who got the ERP implementation done viewed it as
a success.
• Ultimately, ERPs allow an organization to use a system of integrated applications to manage
the business and automate many back office functions related to front end operations and make
business simpler.
Conclusion
21. Resources -
• To know more about our products and services, visit: www.batchmaster.co.in
• To get more details about what ERP is, refer to our detailed page What is ERP?
• Email us at : sales@batchmaster.com
22. About BatchMaster
30+ years of experience
ERP solutions for small to mid-sized industries
SAP B1 and Microsoft certified solution
Over 40,000 users worldwide
Headquartered in California, with footprints across the
world
A global presence with offices in 3 continents- North
America, Australia, and Asia
7 offices round the globe
Available in 3 languages- English, Chinese, and
Spanish
Original developer of formulation system in ERP
Consistent record of never exceeding
implementation time of 350 to 500 hours