Do you have an easy access to information about your sales, purchases, inventory, production, accounts? Are you using different software for different processes? Is it taking a lot of time to reconcile financials at the end of the year? it's time to implement an Enterprise Resource Planning (ERP) system!
ERP refers to the software and tools that businesses can use to process and manage information from all departments of the company. It plays an important role in business process management.
To integrate all aspects of business operations into one easy-to-use system, many companies turn to Enterprise Resource Planning (ERP) solutions.
ERP software stores the information in one database, giving businesses a simplified look.ERP software runs on a variety of computer hardware and network configurations, including within premises (client/server) or hosted (cloud-based).
ERP software makes it easier to track the workflow of various departments. It can reduce the operational costs & time. One time entered data can be shared across all the departments. For eg. Data entered in an enquiry register can be used in all the stages like Quotation, Purchase order, Invoicing etc.
In the above mentioned diagram, Company is accepting an enquiry from it’s customer, in an ERP software data stored as enquiry will be used in all the stages like Quotation, PO, GRN, Invoice.
Most of the ERP software covers the following modules - product planning, material purchasing, inventory control, distribution, accounting, marketing, finance and HR.
There are different flavors of ERP that serve various business domains. It’s no more restricted to only manufacturing sector. ERP solutions are specially designed for specific industries, like finance, communications, education, healthcare etc.
ERP software solutions can definitely make a business more profitable. It plays an important role of automation of most of the functional business processes.
Kalpak Solutions has successfully developed 20+ ERP software so far.