How Much Do You Know About Enterprise Resource Planning?
Updated: Dec 12, 2018
The Enterprise Resource Planning or ERP works like a central nervous system for a business. It also provides immeasurable benefits by providing intelligence, visibility, analytics, and efficiency across every aspect of a business. With an ERP system, your employees will no longer be spending their time figuring out what’s happening by accessing and analyzing data from multiple, non-integrated systems.
The pictures below outlines the 5 benefits of implementing ERP that companies can expect to gain from using an ERP solution.
Restrict access of employees only to the processes relevant to their role.
ERP allows you to easily manage data security and permission-level access protocols.
Increases productivity by reducing manual paper processes.
Data and information are captured and updated at one point with no duplication of effort which could waste resources.
3. Cost Reduction
ERP allows you to run your business at a lower cost by eliminating manual processes.
Reduced overtime pay for similar amount of production.
4. Data Accuracy
ERP combines data from finance, sales, manufacturing, human resource and other departments in real time.
Reduce Duplication and Errors.
Provides up-to-date information.
5. Customer Satisfaction
ERP solution allows you to produce the right product at the right time.
Sales and customer service people can interact with customers better and improve relationships with them through faster, more accurate access to customers’ information and history.