We explain the basics of Enterprise Resource Planning, and how crucial they are to the success of a company.
What is ERP, Anyway?
An Enterprise Resource Planning (ERP) system is a category of business software that joins the separate areas of a company such as human resources, accounting, client relations and product management into one complete solution. Employees are granted access to the software, which helps for streamlining processes, retrieval of documents from anywhere in the system, and easier moderation by managers. Working with the same information on the same platform eliminates the juggling of other applications that would waste time and money. The ERP solution becomes the "single source of truth."
An ERP system also automates tasks prone to errors, allows the employee to access the same information from anywhere, ensures security of data, and ensures the information is always up to date. Time is limited, and an ERP eliminates wasted time.
The Problems ERP Solves
When a business juggles multiple applications, optimization falls. Employees in different streams work separately with their respective software, but working together is paramount to the company's overall success. That cooperation is difficult without streamlining the process to help generate the best possible result for stakeholders, staff, and especially consumers.
The administrative content the company generates may also be proportionally lacking protection when compared to content within an ERP, as ERPs are flanked by innovative internet security measures and a proactive customer service base. Without an ERP, your company's management of financial, administrative, and customer systems will grow exponentially more difficult to manage and require the consistent hiring of new staff to keep it in check. With an ERP, all those systems are integrated into one easy-to-use platform, with the benefit of a helpful third-party customer support to ease the transition and continued use every step of the way.
ERP is a Common Practice
ERPs have been a staple in recent history thanks to their versatility and unending positives when it comes to returns. As ERPs have evolved, the opportunity to innovate them has led to some companies such as Phoenix Systems offering modified ERPs that suit the unique needs of each company. The ERP also comes with personalized customer support and a team that cares for both the client and the client's customers.
The optimization of the business is a must in the technology savvy world of 2021, and ERPs can elevate a company the extra step they need to succeed.
