What is an ERP?
An ERP (Enterprise Resources Planning), is an integrated software whose objective is to bring together the main functions of the company to process them in a single database, and thus facilitate and accelerate the data flow between the components of the ERP. The ERP is therefore responsible for the sales process, from quote to invoice. However, these functions can also be managed by entities other than the ERP itself. Each type of software has its own functional field and the boundary between ERP, Business Management and CRM is not obvious. The terms are often confused even among some professionals.
What are the functions of an ERP?
Thanks to this single ERP tool, the company can unify functions such as:
- Sales and business management
- Accounting management and human resources (HR) management
- Stock management
- Issuing invoices and quotes
- Production management
- Strategy management
What are the benefits of using an ERP?
An ERP helps accelerate decision-making and optimises the sharing of information while guaranteeing its reliability. This allows the company to increase its productivity. In addition, an ERP allows you to view the various information about management processes at a glance. This data is compiled in the same database. This results in optimization of the company’s financial and economic flows and management processes.
How to choose the ERP for your company?
- Develop precise specifications to identify and define the company’s expectations and requirements.
- Master functionality by ensuring that the ERP covers functional areas such as commercial management, quality management or inventory management. The chosen solution must also incorporate decision-making tools such as dashboards. The company should also check the adjustment levels to find a ready-to-use solution.
- Ensuring the security of company data, facilitating integration into new national and international markets.
- Check the ergonomics of the chosen solution in order to better start the project. The ERP solution must be flexible and easily adapt to the company’s different departments.
- Select the most suitable type of hosting based on the needs of the company and its infrastructure.