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What is ERP Software?

Enterprise resource planning is not a new software system. It has been around for over 40 years. It is well known to large corporations, but has only recently, within the last few years been introduced to small and midsized businesses. Some of these smaller businesses are still asking just what is ERP software and what can it do for my business? That’s a fair question and we will provide an answer for you. First of all, as mentioned above, enterprise software is not something new. However, there is a new means of obtaining it, which we’ll get to in a moment. This is a software system for administering your whole business, thus the name, enterprise resource planning. It is a software system that has been traditionally installed on-site at the headquarters of a business. Ant that relates to big companies, because they were the only ones that could afford to deploy it. Software, servers and storage have to be installed on-site and employees have to be trained to use the system the cost of installation and servicing can run into the millions of dollars for some large entities.

ERP software consists of application modules and includes a set of diagnostic tools.. It is just one software system, but is distributed and all-inclusive. The software application modules are integrated on one platform or into a single database that is automated. So, you have integrated software that works in concert on a platform that is automated for speedy transmission of business tasks. It is just one software system but it appears to be more because it is distributed throughout the enterprise; and if necessary, beyond the enterprise. It is software that knows no boundaries. Enterprise software is an effective, efficient system that can do many things at once. And all processing of business tasks such as accounting, supply chain management, sales, marketing and distribution, are performed with real-time visibility. This means that you can monitor and track all business activity as it takes place.

What is ERP software? Within the past decade, enterprise resource planning was brought to the Web and offered as a service. As a result, it changed the way software was acquired, as well as distributed. It also made it possible for small and midsized businesses to take advantage of the opportunity to implement ERP. And although online, on-demand software as a service (SaaS) represents the largest software market today, you still may hear some small firms asking,

That question reveals the fact that there are still many small and midsized businesses that have not yet made the move to ERP. And a good number of them haven`t even seen a demo of the software yet. Of course that is changing at great speed, s many of these firms are beginning to become acquainted with the software system. In due time, the question what is ERP software? will be known to all. That’s because it is quickly becoming the software system of choice for many businesses. If your business is not yet acquainted with ERP, it’s about time for you to get yourself a demo.

 

ERP Software Reviews are revealing

With all of the enterprise software vendors in the marketplace today it is wise to do some ERP software reviews. These vendors are keen on getting your business and as more and more businesses seek enterprise software, it’s to know just what you’re buying and from whom. There are major big name vendors as well as a good deal of smaller software firms working the enterprise market space and you need to find out about them before you make your move to implementation. Keep in mind, too, that many of these vendors specialize in different types of enterprise platforms. Some primarily active in such areas as accounting, manufacturing, distribution, supply chain management, project management, human resources, sales and marketing, and more. Others provide a general enterprise packages to cover the whole of your business. Many of the bigger enterprise software companies are used to working with large corporations and doing on-site installations of ERP at the headquarters of these businesses. These on-site installations are very expensive and can easily run into millions of dollars, depending on the corporate entity and their own particular needs.

You’ll hear of names like Oracle, SAP and Microsoft, among others, working with these large companies. But for small and midsized businesses that don’t have deep pockets like the corporations, there is now Web-based ERP. This is the more inexpensive option, and one that has become increasingly popular. So popular in fact that many of the larger enterprise vendors have jumped on the small to midsized business bandwagon. In this market space the software is offered online, on-demand, as software as a service (SaaS). And the big difference is that you don’t have to purchase the software, you get it on a subscription basis, Some of the major vendors in this market are NetSuite, Sage, Made2Manage, and many others. Many of the software vendors that service the online market may be here today and gone tomorrow, so it is important when reviewing them to try and get some idea of there staying power. Larger software companies are buying some of the smaller vendors out, while other smaller players simply can’t sustain themselves and end up going out of business.

It is important when doing ERP software reviews to consult with others, preferably those firms that have already implemented the software system. Consultants can also come in handy, but you will want to be referred to those who are not partial to any particular vendor. Think about the type of business you are in and look at other similar businesses and who they are working with to supply their enterprise software. And even though Web-based ERP can be had on a subscription basis, you will want top gain a clear understanding of all associated charges included in the subscription. Software as a service is now the largest market for small and midsized businesses. So, there are a lot of businesses to talk to about their experience with vendors and the eventual one they decided to do with. At the end of the day you will be much more pleased with choosing a vendor, based on doing a good job with your ERP software reviews.