We all know the functions of an Erp as well as its very difficult to manage an organization or a company without Erp. Erp System makes our daily office activities simple. Also, it increases the efficiency and reliability.
Now we are going to discuss about How does an Erp System Work?
A company or organization has various departments, they use various types of data and require various computerized functions. But the Erp System uses the same database throughout the company for different functions. In other words, we can say ERP systems integrate all data and processes of an organization into a unified system. ERP systems track business resources—cash, raw materials, production capacity—and the status of business commitments: orders, purchase orders, and payroll.
How Erp Software Solutions can transform your business?
You need to think about some essential factors that need to run a business such as inventory, order management, accounting, human resources and customer relationship management (CRM). Erp system integrates these all process into a single system and streamline the every process of an organization.
Brief History of Erp.
The term Erp was formulated in 1990’s by Gartner. Software Engineers developed programs to manage inventory, reconcile balances, and report on the status. By 1970’s they created software for material Requirements Planning (MRP). By 1980’s more manufacturing process are developed. In the 1980s, MRP grew to envelop more manufacturing processes, known as MRP-II.
By 1990, these systems expanded which includes inventory control and other operational process. It also includes other back office functions like accounting and human resources.
Today Erp grew like it can handle front office functions such as sales, marketing and e-commerce. With these product advancements companies from wholesale distribution to e-commerce use Erp software Solutions. Moreover, high and small industries rapidly using the erp system. Cloud computing has helped to speed up its growth. Cloud based Erp Solution make this software more affordable, easier to implement and manage.
As a result wide range of companies from various industries shift to the Cloud Erp System.
Business Value of Erp
Erp helps employees to do their work more efficiently and accurately without any barriers between the different business units.
- Erp System gives real time view of Data.
- It Improves financial submissions and reduces risk.
- Erp System automates the core business process.
- Erp Solution helps to enhance the customer service.
INI Technologies offer next generation Erp Software Solutions in India. INI ERP Software Solutions meets all the process in any organization whether it is Small, Medium or Large with integrated Financials. It is powered by effective work flow and runs as core centralized application which uses browser as user interface.
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