Enterprise Resource Planning, commonly called ‘ERP’, is the complex computer system and software that an organization uses for business processes. These include processing customer orders, scheduling operations, keeping financial data, inventory and warehouse management, as well as analyzing the efficiency of operations and resources.
ERP can drive huge improvements in the effectiveness of an organization. With a number of different ERP providers, it’s crucial for companies to select the right one along with the right vendor that can implement the optimal set of solutions. Over the last couple decades, ERP software has been widely adopted and proven as a cornerstone for distributors and manufacturers across the globe. Simply having an Enterprise Resource Planning software is no longer an advantage. The advantage comes from having an ERP that is effective, efficient and optimized for the specific needs of your business, your people and your clients.
Perhaps the biggest benefit to implementing ERP software is enhanced efficiency in processes throughout a company. When communicating and tracking between multiple departments, time is lost in transferring and confirming information. Automating certain processes enables the number of systems performing the same tasks to be reduced and limits data input which improves accuracy, making the whole business run more efficiently.
ERP implementation reduces the costs by helping employees become more productive and spend less time on data input, allowing them to focus on servicing clients and generating profit. Companies which are able to operate on lean principles are better able to grow in today’s economy.
With a single automated system, the company operations become more consistent. That is because employees do not need to learn multiple systems to perform their duties. It also makes it easier to cross train employees. This results in much greater customer satisfaction through better communication, scheduling and service.
ERP software eliminates the need to enter data multiple times. Automatically passing data between departments reduces the likelihood of human error. As a result, less time is spent on verifying data accuracy and correcting errors. Instead, that time can be focused on the elements that grow your business.
A comprehensive ERP solution will provide your organization with invaluable insights into how well the business is running. Using a single system across your company allows for the ERP to easily review everything from financial data, gauge performance, leverage internal opportunities, correct shortfalls, and see underlying patterns and trends.
Improving and understanding the efficiency of your organization is key in maintaining a competitive advantage in today’s marketplace. The ability to reduce costs, increase productivity, improve quality, enhance customer service and satisfaction are the core benefits of implementing an ERP in your business.
These are just some reasons why ERP implementation can help your business. Click here to see how Logi-Solutions and SYSPRO work together.