What is ERP?
The role of ERP is to increase the streamline flow of the business by making sure that all the processes are more efficient as well as they pass through a single channel. Over the internet you will find varied definitions of this term and that is because it has a multitude of different objectives and is perceived in various ways by different corporation. In this section we will decipher the need for an ERP as well as the concept of ERP.
Functions of ERP:
There are many functions of the ERP since they consist of modules which include features like automated marketing, automated salesforce, accounting, finance, human resources, supply chain management as well as project management. These functions can be introduced into your business depending on the need of your business. Make sure that you include as many processes into it to make your department’s processes more tangible.
But what is ERP in its naked form? Well an ERP is just a massive database that is used to help collect and store the information regarding the clients into a single repository so that the processes are more efficient.
Let us now understand what is ERP by taking a look at the advantages of ERP:
Like discussed above, a database is one of the most essential advantage of using an ERP. This system will help you catalogue all the conversations with the customers as well as store the relevant data about the customers which can help you in the future. It also lets you store data categorically for easier pulling later on. You can also use these extensive databases to help create a backup for all your company’s resources.
- System Integration
System integration is one of the most important aspect of ERP systems. You can understand what is ERP through this function which allows the company’s email accounts and other cloud based applications to be integrated into your system so that you can stay connected with you customers all the time. This is possible due to the various API (Application Programming Interface) which allows you to synchronize all your applications to the ERP system.
This is also one of the advantages you will need to understand if you want to know what is ERP. The use of the ERP systems allows you to make all the processes visible for the top managers. You can even curtail this feature for the lower level employees. It is only a certain few who can monitor the complete process of the company so that they understand how the departments are related and how they are individually performing.
Most of the man handled processes of an organization need to be curtailed and they need to be automated so that more profits are generated as well as there is lesser human error. Most of the automation processes take into consideration marketing products with the need for a person to regulate the marketing strategies as well as storing information of the clients and keep the exact transcripts which can be used for future reference.
- Streamline Flow
If you want to know what is ERP you can think of it as a set of tools designed so that all the processes are tapered into a single repository. Channeling all the information and processes into a single process helps in standardizing your processes.
These are some of the aspects and advantages of using ERP systems for your business. Make sure that you implement these modules into your company so that you can improve your business models.