What are the Advantages of ERP Software?

Being organized is advisable to those who are running a business. A business owner needs to look into his business operation, sales and marketing, administrative work and content and product planning. If you are in a big company, juggling all these things is hard. Heck, even a small company needs some sort of assistance from all the chaos. This is where an ERP software comes in.

In a nutshell, an ERP (Enterprise Resource Planning) software merges all internaland external operations within a company to a holistic and comprehensive system. Typically, an ERP software uses a single database to deliver information within the company and to stakeholders. The system can be bought in different modules with each module meant to provide assistance on a specific business process. Buying the whole system ensures every business process within your company is being managed properly and is easily accessible.

Specifically, what are the advantages of having an ERP software?

1. The software provides complete visibility to all departments of your organization. Every portion of your business is covered.

2. ERP software make tracking of flow of information easier.

3. Having an ERP software allows the company to have a workflow where all the departments are interconnected with one another. The exchange of information to and from different parts of the company mean that every department is informed and that no one is left out.

4. Every department will have one system that they must use. This means that the operations will be universal within the company. There will be no conflict of software between departments.

5. Having an ERP software ensures your company that all data and information would be stored in a central storage. Every data will be read and stored the same way. The data will also be accessible for easy viewing.

6.  The software has several modules which include but is not limited to Human Resources Management, Marketing or Sales, Finance or Accounts, Project Management, Manufacturing, CRM and Supply Chain or Warehouse Management.

7. Since the ERP software is a modular system, the company can use certain modules depending on its needs. If modules are implemented on weaker departments, then the overall workflow would be more stable.

8. The ERP software provides the company a system that can gather and analyze data from various departments  in real-time.

9. Some ERP software even provide Business Intelligence. This feature can analyze and provide insight on the company's business processes and identify and prevent a potential problem before it arises.

These are just some of the advantages of having an ERP software. If you want your company to be more organized, more efficient and more interconnected, then be sure to check this software out!