ERP Software

The Scoop on Enterprise Resource Planning Application Software

ERP (Enterprise Resource Planning) application software was originally created for large fortune 500 organizations.  However, as ERP vendors refined their products and the economy began to take a downward turn, ERP application software evolved for small sized and medium sized businesses.   Not only did Enterprise Resource Planning vendors refine their ERP products for small and medium sized businesses, but they refined them to be industry specific.  Industry specific Enterprise Resource Planning application software solutions have built-in functionality that is most used in the industry.  For example, an ERP application software solution for the food industry will have built in lot traceability functionality to be sure one is in compliance with standards created by the government for the food industry.

Enterprise Resource Planning application software can be a valuable asset to your business.  Tools provided with an ERP application software solution enable you to better manage your processes, provide accurate and up-to-date information, and grow profits by streamlining your business functions.  Some ERP customers choose to implement an entire Enterprise Resource Planning application software solution while others only implement a few modules.  For example, instead of implementing Financials, HRMS (Human Resource Management), SCM (Supply Chain Management), EPM (Enterprise Performance Management), and CRM (Customer Relationship Management) a customer only implements SCM and HRMS.  However, not all ERP vendors sell their Enterprise Resource Planning application software solution by functionality.  Some Enterprise Resource Planning vendors require you buy the entire package.

Many Enterprise Resource Planning customers find the Enterprise Resource Planning implementation quite tolerable.  Many ERP application software solutions are user friendly and the maintenance required is not absurd. What Enterprise Resource Planning customers have a problem with is selecting the right ERP application software solution for their business.  In fact, many businesses have selected an ERP application software solution and then cancelled the project before it was completed.  Not only is it difficult to select the right Enterprise Resource Planning application software solution, it is also difficult to prepare for the transition from an outdated legacy system to the new ERP application software solution.  Most of the time this transition is made difficult because there was no buy-in amongst executives and technical and functional folks.  Getting buy-in on a new Enterprise Resource Planning application software solution is essential to the overall success.   

Written by :

kristine H