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ERP Features and Functions

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Enterprise Resource Planning Features and Functions

ERP reengineered the delivering role-based access to crucial data, applications, critical tools and other processes of the organization. You can efficiently deal with organization challenges in the following areas:

End-user service delivery ensures that your employees can willingly access the vital data, applications, and analytical tools they need to do all their job functions efficiently and effectively. ERP offers role-based right of entry and self-services through portal.

Finance module ensures compliance and predictability of business performance, so your organization can gain a strong financial insight across the enterprise with better control. It automates financial and management accounting. It also provides better support for corporate-governance.

Human Resource Management (HRM) will optimize your human resource processes with a complete and integrated HRM solution. ERP provides this HR solution for all types of organizations in all verticals. You can maximize the efficiency of your employees and also better support, growth, and flexibility. Human resource solution automates capacity management, core HR processes like recruiting, training, performance appraisal etc.

ERP Operation functions manage end-to-end procurement and supply chain processes and other business process for complete business cycles. It optimizes the flow of materials- better inventory management. It also supports discrete and process manufacturers manage the complete life cycle of product development and manufacturing.

The software automates the complete manufacturing processes and reduces costs by better controlling and adapting the manufacturing process in real time (WIP). Apart from these function, after implementation you will be enjoying the following features and benefits -

Sales and marketing realize they must provide the highest quality forecast of future demand they are reasonably able to in the form of a regularly updated forecast of the product they need to meet the market needs and when they need it. Planning realize their plans must be realistic and achievable (any plan with due dates in the past is neither realistic nor achievable) and they should only release orders when they have checked that the material is available.

Operations recognize that it is in everyone's best interests to follow the plan, advising planning in advance if they may miss the plan date. CRM realizes that orders must only be accepted on the basis of available, planned capacity (based on the sales forecast) unless agreed with operations.

Related Books
Enterprise Resource Planning
Enterprise Resource Planning
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In today's cutting-edge business world, business software plays a critical role. By bringing a company's many different functions together into one large integrated system, it creates an abundance of opportunities for growth and increased productivity.

Modern ERP
Select, Implement & Use Today's Advanced Business Systems
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This book introduces terminology and is a fairly easy read with both text and graphics. The book addresses the history of integrated systems, who needs them, how to justify their implementation, and the different functions that package can encompass.

 Read Related Articles

Advantages of ERP
Cost of Project
How to Select ERP Software, Selection Criteria
Success Factors ERP Implementation

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