ERP

What is (ERP)?

Enterprise resource planning (ERP) is business process management software that allows an organisation to use a system of integrated applications to manage the business and automate many back office functions related to technology, services and human resources. ERP software integrates all facets of an operation — including product planning, development, manufacturing, sales and marketing — in a single database, application and user interface.

erp
erp

Advantages of EWI-ERP

The fundamental advantage of EWI - ERP is that the integration of myriad business processes saves time and expense. Management can make decisions faster and with fewer errors. Data becomes visible across the organisation. Tasks that benefit from this integration include:

Sales forecasting, which allows inventory optimization.

Chronological history of every transaction through relevant data compilation in every area of operation.

Order tracking, from acceptance through fulfilment

Revenue tracking, from invoice through cash receipt

Matching purchase orders (what was ordered), inventory receipts (what arrived), and costing (what the vendor invoiced)

EWI - ERP centralise business data, which:

Eliminates the need to synchronise changes between multiple systems—consolidation of finance, marketing, sales, human resource, and manufacturing applications

Brings legitimacy and transparency to each bit of statistical data

Facilitates standard product naming/coding

Provides a comprehensive enterprise view (no "islands of information"), making real–time information available to management anywhere, anytime to make proper decisions

Protects sensitive data by consolidating multiple security systems into a single structure

EWI-ERP Software Modules

erp-modules

ERP software typically consists of multiple enterprise software modules that are individually developed or purchased, based on what best meets the specific needs and technical capabilities of your organisation. Each ERP module is focused on one area of business processes, such as product development or marketing. Some of the most common ERP modules include those for product planning, material purchasing, inventory control, distribution, accounting, marketing, finance and HR. A business will typically use a combination of different modules to manage back-office activities and tasks including the following:

Benefits of EWI - ERP

  • ERP can improve quality and efficiency of the business. By keeping a company's internal business processes running smoothly, ERP can lead to better outputs that may benefit the company, such as in customer service and manufacturing.
  • ERP supports upper level management by providing information for decision making.
  • ERP creates a more agile company that adapts better to change. It also makes a company more flexible and less rigidly structured so organization components operate more cohesively, enhancing the business—internally and externally.
  • ERP can improve data security. A common control system, such as the kind offered by ERP systems, allows organizations the ability to more easily ensure key company data is not compromised.
  • ERP provides increased opportunities for collaboration. Data takes many forms in the modern enterprise. Documents, files, forms, audio and video, emails. Often, each data medium has its own mechanism for allowing collaboration. ERP provides a collaborative platform that lets employees spend more time collaborating on content rather than mastering the learning curve of communicating in various formats across distributed systems.

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