The core feature of Erp lies in a central database that is a shared one that easily supports several functions that are used prudently by various business specialized units. If brought to practice, this efficiently means that even if the employees are working in different sectors or divisions, it may be accounts and sales, but they have the liberty to rely on a similar set of information for their specific needs.
Improper project management
Moreover, the main and important part of the successful completion of the project is the management part. The project needs to be managed correctly. Of course, you must take care of the errors, what types of errors can produce, how to reduce them, and many others. The expertise level of the manager must be taken into account when it comes to the successful erp system implementation. He must be capable of handling and planning out everything properly and productively.
The ERP system has several modules under it that work and function separately. The modules that come under the ERP system are:
- Human resource management
- E-commerce
- Purchasing management
- Store management is important in ERP system
- Sales
- Employee directory
- Management of documents
- Managing the expenses
- Event management
- Fleet management
- Social networking
- Customer relationship management
- Financing and account management
- Manufacturing
- Portal
- Recruiting process
- Warehouse management
- Content management
- Project management
- Time tracking
Benefits of ERP implementation
- Helping the Employees: Implementation of Enterprise Resource Planning is an easy solution to manage employees efficiently. Without this system, all the employees have to enter data on their own, which gets transferred to the Manager, which may lead to some mistakes or confusion. To avoid that, ERP can be implemented to analyze and visualize the overall performance of employees and help businesses take strategic decision making.
- Manage Inventory Efficiently: Managing and organizing inventory in a business organization is cumbersome and challenging. Having the correct information about the total number of products at the right location and quantity is vital for business. So, the confusion also increases when sales, inventory, and customer data are being separately organized. With the introduction of Enterprise Resource Planning, all the data can be processed in one single place that can easily be ascertained at any point in time. With this system, officials provide correct information to customers related to their product cost, delivery, and final confirmation.
It is one system that can be operated on the mobile from anywhere, and the data can be uploaded by just sitting at home; one doesn’t need to travel to the workstation.
