Why ERP?
An organization that has no ERP will be running on many kinds of software that do not allow interaction. Customization also may be difficult it in some cases. This will negatively affect the optimized functioning of organization's business activities.
The organization will be facing hardship in many areas of its functions. The engineering design of the software will be needed in order to improve the product, and to follow the client's behavior and choices since the first contact is quite important. Administration of the different receipts interdependence will be very complex, such as invoices regarding materials purchases, general expenditures or salaries.
All of these things change when an ERP system is implemented. Information flows constantly and allows you to follow a client's processes at any moment, no matter which part of the process they are going through. Purchases and expenditures are registered in a centralized database which allows you to have close control over these activities. In this regard ERP helps you to prevent possible abuse.
A powerfully integrated ERP system enables interactions of marketing, sales, quality control, products processes, supply lines, stocks and many other areas and it can be in a single database. This will eliminate the occasional loss of and retyping errors. It integrates all departments and functions across a company in a single computer system that is able to serve all those different department's particular needs.
An ERP system also automates business processes by placing them into a useful format that is standardized and common for the whole organization. Moreover it could even be used between their suppliers and customers.
Complete Integration
ERP manages and distributes information in a single system, meaning that everything you ever need to know or access is all available in the one place. In this way, data is kept consistent, up to date and links together all of your departments and internal processes. The key advantage to this is less time paper-chasing with the elimination of paper, and also the elimination of duplicate information from browsing multiple systems.
It handles the maintenance of Agency and Client details, Release Orders for Post-Payment and Pre-Payment, Collections, Debit/Credit Notes, Layout Instructions, Space Reservations, Posting of Collections/Credit Notes against Bills/Debit Notes, Freezing of Agency/Client, MRV, a huge collection of regular reports and MIS reports.
Real-time information
With an ERP solution, decision making can be conducting with true real-time information that is available throughout the system. No longer do you have to make decisions based on a whim or with incomplete data. ERP provides you the opportunity to have all of the most important and factual information readily available at the touch of a button, and provides management with true business intelligence that can really bring your business to the next level.
Total control and customisation
Management now has the tools to grant and revoke access to specific functionality easily. An ERP system is completely flexible and allows for the complete customisation of views and activities at any level. With such power comes greater efficiencies throughout your business’s workflows and allows individual users to only see what they require at any given time.
Managed and controlled costs
ERP systems can calculate and collect costs so you always have an accurate picture of your product cost and margins. You can manage your entire procurement and sales processes and drill-down to documents for historic information. With such information, it is easy to forecast future sales and purchasing strategies and keep track of relevant transactions.
Enhanced stock control
If your organisation has to keep track of large quantities of stock/inventory and has a production process, your business also benefits from improved management in these areas. An ERP system can be used to simplify the task of manage your product life cycle and then optimising inventory operations across the organisation. Real-time tracking of stock levels makes it simple and easy to optimize your efforts rather than create an informed guess about volumes, processes and more.