ERP (Enterprise Resource Planning) Software relies on its functionality and adaptability to create solutions for both the software vendor and the vendor’s various clients. Whilst the core ingredients of an ERP software may be identical (providing data share, automation and integration of various tasks and workflows), it remains incredibly adaptable for use over a varying array of industries and niche verticals.
With the current financial climate, companies are feeling the pinch and searching for ways to streamline. Streamlining a business’s processes exposes weaknesses in operational efficiency, and strengthening these weak points in the supply chain will lead to time saving which in turn leads to cost savings. Whether it’s in the administrative office or the warehouse, increasing efficiency increases cost savings.
With the implementation of an ERP software solution, improved functionality and integration between a company’s data sources (which can sometimes be spread over a variety of separate databases and even applications), allows for improved data sharing, allowing for simple access to data across and between multiple departments. This negates the need for committing valuable resources to collecting and collating data from one department so other departments can get on with their own work, which amounts to a huge dent in efficiency.
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With shared data over a single system, reporting becomes an incredibly simple process. As noted above, with ERP integration, data capture becomes a simple process, with information shared between the various departments of your business. Generating a business wide report is as simple as clicking a few buttons. ERP software means an end to various reports from various departments, an end to disparate fonts and formats, graphs and tables.
ERP software integration means real time data, updated instantly between departments. With a multiple software, multiple database system, figures will generally need to be collated and reported on at the end of each day, each week or each month, which will generally lead to discrepancies between departments, unnecessary downtime, wasted stock, lack of materials and decreased efficiency. By providing up to the minute figures, an ERP system improves planning, stock control, sales and demand, supply chain management and forecasting, allowing you to react to difficulties, stock demands, fill downtime and make the most of your resources as it happens.
Data sharing over a single system will improve business; that’s a stone cold fact. Whether it’s manufacturing, Distribution,Food, sales, warehouse or any other vertical you’re a part of, if you’re still hanging on to the old systems you will find it harder to survive in a new age of efficiency, a new age of constantly evolving processes, a new age of time saving, up to the minute forecasting and planning. The sooner you make that change, the sooner you transform your business for the better.
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