This economy has made businesses re-think the way they operate and process business tasks. Some have outsourced some of these tasks, while others have sought a more streamlined way of operating. Software has always played a big role in administering operations and quite often that meant working with different programs that communicate. Then along came the ERP performance. Enterprise resource planning, a streamlined software system that is integrated and automated has changed the manner in which software is delivered. ERP is not exactly new; it has been around for over forty years. But, because of its high cost of installation, which includes software, servers, storage and training, smaller companies could not take advantage of its benefits. Today, of course, that has changed. We now have software as a service (SaaS) on-demand, online, 24/7. The playing field has been leveled and an avalanche of businesses that are making the move to enterprise software.
ERP Performance is impressive
ERP gets plaudits for best in class performance because of the nature of its infrastructure. It is just one software system, but it appears to be more. It offers real-time visibility throughout the enterprise and gives all staff or, designated staff, the opportunity to see what is happening at any given moment. It has been shown to reduce operating and administrative costs and requires only a few employees to operate the system. The distributed nature of the software means that it can connect accounting and finance to supply chain management, the warehouse and manufacturing. It can also connect to partners, suppliers and customer relationship management. It provides the kind of reach companies and other organization are looking for and extends their ability to transmit information and data more efficiently.
When you have a real time view into operations, you are better equipped to respond to any issues right at the moment. ERP performance gives you the type of visibility you need to monitor and track progress throughout the enterprise. The inclusive tools help a business to improve its performance with better business intelligence gained from the erp system. It allows you to make reports and put together analysis that can help management understand more about workflow and how business operations are progressing. No other software offers the type of coverage ERP does. It provides a way of sharing information and data, collaborating on that information and communicating it to others, again, in real time. It has also helped businesses to get closer to their customers with application modules developed for customer relationship management. This makes the system even more attractive because it means a business can be more responsive to customers’ needs.
This software system has shown how small businesses can achieve much greater economies of scale by working smarter and more efficiently. By having their operations streamlined and integrated throughout, they have been able to move quickly and aggressively in obtaining new business and offering better customer service. More opportunities also open up for them through referrals based on good business practices. The future of enterprise software looks great.
This software system will continue to evolve with new erp applications and options; mobile seems to be the next big addition. ERP performance continues its ride.