Optimize management with an ERP software
Definition of an ERP
An ERP (Enterprise Resource Planning) is a management tool for monitoring and managing all the information and operational services of a company on a daily basis.
What are the characteristics of an ERP software?
- A single reference (a single software publisher);
- Global coverage and real-time updating of the entire information system (IS);
- Data traceability and analysis;
- A unique database guaranteeing the completeness and uniqueness of published data.
What are the functionalities of an ERP software?
By addressing three major issues, ERP software improves business productivity and security:
- Data Sharing;
- Process standardization;
- Analysis of collected data in real time.
Today, ERP software offers companies instant data and flexibility by facilitating integrations and data exchanges (external tools and business applications) that can be fully configured according to user and/or departmental needs.
What is the scope of an ERP software?
The objective of an ERP software is to homogenize the Information System (IS) with a unique and secure tool, synchronizing the data and covering the largest management perimeter of the company:
- Purchasing management;
- Inventory management (logistics, transportation, etc.);
- Sales and trade management;
- Production management (planning, etc.);
- Product traceability;
- Accounting management (customers, costs, suppliers, fixed assets, etc.) and financial management;
- Personnel management and possibly payroll (HRM);
- Management control (budgets, etc.).
ERP software is frequently subdivided into different functional modules to cover each area of business management.
Who are the main ERP software editors?
The ERP software market is constantly evolving, technical innovations and changes in usage have profoundly modified the design of this central tool in the life of a company.