Do You Need An ERP Solution?
ERP (Enterprise Resource Planning) is a term used by the industry to encompass a wide range of activities of an organization to manage its business and workflow. The main goal of an ERP solution is to give one user-interface to enable the collection, organization and smooth flow of data/information across all the involved departments. This helps the management to get clarity on all the aspects of the integrated business flow.
Now, the question is when do you really need ERP solution? If your data is repetitive, it takes a lot of time to find it, worries you about securing important ones, ill equipped to do transactions or processing or takes times to consolidate inventory/sales/profit, then make sure you get an ERP. It helps you put everything in one place and in an integrated manner.
All businesses are not the same, so features which work for one business/organization might not work for the other business/organization. For example, an ERP that works wonderfully for manufacturing may not work for a company in hospitality or education sector.
To sum up, using an ERP solution helps the businesses to manage, integrate and then plan for the resources required for their processes. Therefore, their use improves quality, efficiency, productivity of the respective departments and the company, in general.