An Enterprise Resource Planning system, also known as an ERP, can help businesses in standardizing procedures and centralizing information. This system is sold in modules to many industries, such as manufacturing, school districts and hospitals. The modules are interconnected and can be for Human Resources, Finance and Inventory/Sales. You enter data in one module, and that can be used in other areas, minimizing duplication of time and effort, streamlining processes. For example, an employee's name can be entered in the Human Resource module, and that can be used to approve Purchase Orders. Selecting a proper vendor for your ERP needs can be tricky. Below are some ideas to help you choose the right company:
Selecting an ERP vendor is important for you get the most out of your system. Be sure that the firm is reliable, stable and will be around for awhile, so that if you have problems, they can come in and assist you. You may decide to implement a couple of modules first and then get the other ones done later. This type of implementation limits your risk – if the vendor messes up with the first modules, you may choose to go to another one for the other modules.
Simply put, no matter where you’re at as a business, data will greatly define your future success. The more data you accumulate, the better you’re able to make strong, strategic decisions at scale. Starting out, data accumulation, storage and analysis is a manual process. As time goes on, however, an Enterprise Resource Planning (ERP) system is put into place to help out. more