Enterprise Resource Plannning, ERP
Understing ERP
An ERP is business management software, typically a suite of integrated applications, that a company can use to collect, store, manage and interpret data from many business activities, including:
- Product planning, cost
- Manufacturing or service delivery
- Marketing and sales
- Inventory management
- Shipping and payment
ERP provides an integrated view of core business processes, often in real-time, using common databases maintained by a database management system, DBMS.
ERP systems track business resources - cash, raw materials, production capacity - and the status of business commitments: orders, purchase orders, and payroll. The applications that make up the system share data across the various departments (manufacturing, purchasing, sales, accounting, etc.) that provide the data. It facilitates information flow between all business functions, and manages connections to outside stakeholders.
The ERP system is a vital organizational tool which integrates varied organizational systems and facilitates error-free transactions and production. It is a solution for small and large organizations.
ERP Features
At minimum, an ERP has the following modules:
- Financial management
- Human capital management
- Project management
- CRM - customer relationship management
- Supply chain management / procurement
- Inventory / stores
- Total quality management
Who needs ERPs?
- Manufacturing firms
- Small and medium enterprises
- Non-profit organizations
- Retails
- Governmental agencies
- Financial institutions
- Schooling institutions
- etc
The greatest benefit of ERP is that it centralizes all the information about your business into a single database for easier access and visibility.
An ERP can be localised to a private network, or securely shared across a wide network.
We have different ERP solutions for all kinds of needs. We have both proprietary and open-source platforms.
