Enterprise Resource Planning | The New Way of Working
Enterprise Resource Planning (ERP) is the software that connects every aspect of a company and assists smooth flow of communication and workflow. ERP automates and simplifies individual activities across the organization. It provides insight of what is happening right now and what needs to be done. With assurance of better performance and transparency across the organization, Enterprise resource planning is the influence that unites all the working of a company.
Characteristics of Enterprise Resource Planning
Modular Design
ERP modular design consolidates specific business modules that include manufacturing, financial, accounting, and distribution that carry out their own specific functions. This ensures seamless flow of information and an integrated view of core business processes in real-time.
Central Common Database
ERP system creates a centralized database for all the users. This builds transparency and everyone knows what they need to do and where to retrieve information. Centralized databases make it possible for everyone to stay updated and equipped.
Flexible and Open Database
Organizations are dynamic and require constant adjustments inside out. ERP offers flexibility to cope with the changes and be ready for what’s to come.
Automatic Generation of Information
ERP tools help to create data based decisions that affect the overall production process and creates a roadmap for everyone. The generated information can be accessed from the centralized database.
Why Enterprise Resource Planning?
ERP in Nepal
The awareness of Enterprise Resource Planning is slowly rising in the Nepalese scenario. There are a lot of misconceptions around ERP and many are hesitant to move forward with the idea because of lack of knowledge and fear of expenses. They view ERP as an expense rather than an investment which has made it harder to persuade them positively.
But lately, the misconception is gradually changing and people understand how important an ERP system is for their organization. The current situation of pandemic had added the extra edge for the encouraging push.
How ERP helps you?
Busines
ERP is suitable for businesses that are interested in managing their functions in a centralized system. The system helps in expanding business, reducing costs and improving operations.
School
School ERP is a central dashboard for all the members who can access daily activities including administrative events, student/teacher information, homework management, engagement and other school activities.
Healthcare
According to recent research, the US healthcare ERP market size is expected to reach $2.1 billion by year 2015.
Hospitality industry
ERP gives you the additional authority of overseeing all in-house activities including room services, reservations, repairs as well as housekeeping. You can use ERP system to target more customers and customize their reservations.
Governance
ERP in a government office helps to cut expenses, improve processes and expand their service to a larger party of citizens. The government can have smooth team communications and maintain sustainable relations with the sub teams.
Office
ERP is the support of an office to synchronize all the modules into a single smooth operation system and binds together all the inward-facing back office business operations.
Is ERP worth it?
Yes!!!
ERP is worth all your time and money. With the help of Enterprise Resource Planning, all the modules of your organization will operate with ease,with a clear insight of where you stand and what you need to do if certain difficulties do arise.
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