Use of ERP Software in Companies

The business world is growing so fast all the time, encouraging entrepreneurs to constantly increase their creativity and make their businesses able to compete with other companies. One of the things that should be done so that the managed company can compete with other companies is using the software. The software used by the company must be able to facilitate the planning and management of the company. An example is using ERP (Enterprise Resource Planning) software in the company you have.

Many still don't know what ERP is. Here's an explanation.

What is ERP Software?

ERP (Enterprise Resource Planning) is an integrated system companies use to integrate various operational activities within a company.

Given its important role in a company, here are the functions of ERP:

1. Help make the company's business processes faster, easier, and more efficient.
2. Save unnecessary operational costs.
3. Eliminate data duplication.
4. Reducing business process costs.
5. Save time.

In summary, the benefits of using an ERP system will facilitate the planning and management of company resources.
Features Usually Available in ERP Software

The following are the most common features of ERP software for enterprises:

Customer Relationship Management (CRM)

With CRM ERP, businesses can track transaction data and customer addresses and manage marketing and sales functions. CRM allows you to build long-term customer relationships and measure their satisfaction with the company's products or services.

Reporting

ERP systems provide complete business reports through charts, graphs, or other. In addition, you can correct errors in reports, limit the use of reports and protect important companies.

Integration

With ERP, companies can integrate all of the company's branch systems to be available in one database. Of course, this can reduce misinformation reaching every part of the organization because the information comes from the same data source.

Automation

ERP automation features make various manual tasks such as sales records, payroll, accounting, reports, and more easier for businesses. These tasks often experience data errors when employees perform them. You can eliminate this problem by using ERP automation features.

Data analysis

There is no reason to doubt the ability of ERP analysis in relation to the company's operational data. You can get analytical information from production statistics, sales data, inventory, and staff quality to customer data. With ERP analytics data, you can make forecasts and budgets for a better and more profitable business.

Accountancy

ERP systems enable companies to automate and manage accounts payable, currency, taxes, asset and risk management, payment processing, sales, operating expenses, and other accounting functions. This can reduce the burden on workers because it can save energy and time. The information generated by ERP is also more accurate.