What Does ERP Do?
ERP systems help employees perform their daily tasks more efficiently. They allow to break down barriers between company units. This involves applications and systems used to manage day-to-day operations and activities such as sales, IT, finance, customer service, project management, marketing, manufacturing, accounting, etc. You might also like these
Why Do We Need ERP?
ERP solutions grow the companies and make them successful. Enterprise Resource Planning systems connect and tie together the processes in a company in order for it to be productive, run efficiently, and work smoothly. Nowadays, they are mainly used to handle “front-office” functions such as ecommerce, marketing automation, and sales force automation (SFA). At the same time, ERP solutions are now able to encompass BI (business intelligence). That is why many businesses from ecommerce to wholesale distribution prefer to use them. Furthermore, cloud-based solutions have made ERP systems more affordable and easier to manage/implement, enabling BI and real-time reporting.
During the last years, the adoption, development, and growth of ERP systems have been impacted by social media and technology. So here are some recent ERP trends: 1.Modular ERP. They are suitable for small businesses allowing them to select certain feature applications/modules instead of getting a full suite, which decreases acquisition cost. 2.Social ERP. Social media packages allow to process, track, and monitor social interaction as an important channel for client engagement. 3.Mobile ERP. These systems provide the ability to undertake core business processes while on the go with real-time access to client information wherever they may be. 4.Cloud ERP. Cloud ERP solutions have made the ERP suite more powerful, faster, cheaper, and therefore affordable to small businesses. They have numerous advantages, including maintenance cost and reduced implementation.