Enterprise Resource Planning
A true Enterprise Resource Planning (ERP) system integrates both internal and external information flows used by the organization within a single, comprehensive solution. An ERP solution incorporates the practical systems used by organizations to manage the basic commercial functions of their business, such as: planning, inventory/materials management, purchasing, manufacturing, finance, accounting, human resources, marketing and sales, services etc.
The objective of the ERP solution is to drive the flow of information between all internal business functions while managing connections, or “touchpoints,” to outside stakeholders.Your ERP system is the most important business procedure in your company, enabling you to gather, process, examine, and share information to run your business. It’s the back-office information and process backbone that facilitates the harmonization of your functions worldwide with the exposure you need to have a very competitive advantage.
That integrated approach can have a marvelous payback if companies install the software correctly. A strong base is necessary to compete and win in the international industry. The SAP ERP program can handle the important features of your business procedures and features properly and are adapted to particular needs of your industry. ERP System attempts to assimilate all departments and functions across a company onto a single computer system that can serve all those different department’s particular needs. Future profilez provide such a great ERP solution, for example When a customer service representative enters a customer order into an ERP system, he has all the information essential to complete your order.
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.