Enterprise Resource Planning or ERP system is an indispensable tool for most of the business today. Implementing an ERP system that perfectly suits business’ current needs and the situation can provide a high ROI by significantly increasing operational efficiency of the business. Though the system looks too simplistic from a layman’s perspective, it is a capable tool which integrates all the business modules into one all-inclusive system which can provide a seamless flow of information across entire organization real-time.
Accessibility to critical information has gained so much traction since the explosion of ERP software in the 1990’s. From a simple software with capabilities of manufacturing resource planning, ERP has evolved into an advanced system that now includes sophisticated business technologies such as customer relationship management (CRM) and business intelligence (BI) which allows its user to access data critical in making major business decisions.
Even before the implementation of ERP, it already brings changes in the overall structure of a business. Prior to implementation, the organization should analyze how business functions relate to each other and identify which of these processes are redundant, unproductive, or duplicate. Having a clear understanding of how each department interacts with each other through identifying these processes is a good start to which specific ERP module are needed in a business.
Aside from improving the operational efficiency, ERP is also responsible for maintaining an optimal working condition for employees. Although this value of ERP often comes in hindsight, it is also interesting how ERP improves the productivity and work ethic of our workforce. Look at the infographic below and know how ERP can deliver ROI, human resource-wise, to your business.