A Business Systems software that offers unprecedented Work Breakdown Structure, earned value, multi-plant and multi-currency capabilities to ensure high return on investment.
A software system designed to support and automate the business processes of medium and large businesses. This may include manufacturing, distribution, personnel, project management, payroll, and financials.
An ERP solution incorporates the best business practices for each functional area of a business enterprise. ERP solutions are usually implemented in a single integrated software product.The modules of these ERP software products are tightly integrated and use a common database.
ERP provides consistent and reliable information on cost and performance for timely decision-making for an enterprise.
ERP solutions are the means for making revolutionary changes in the business processes and information systems to achieve best business practices and management on an enterprise-wide basis.
ERP is not just an IT program or an implementation of a software product.A successful business enterprise planning effort requires a new look at how an organization operates and the
processes it uses. Therefore an effective re-engineering of an organization’s business processes is critical to ERP success.
Defining new processes and implementing an integrated ERP system provides for improved business operations and a consistent picture (right information to right person at the right time), in real-time, of an enterprise’s business situation.
Two primary resources are required to implement an ERP system
a) an ERP software package and
b)an experienced integrator to provide support in re-engineering the enterprise’s processes to take advantage of the best business processes provided by the ERP software package.
The three largest ERP software providers are
SAP : R/3
Oracle: Oracle ERP
PeopleSoft: Peoplesoft ERP
SAP is the largest and is the world leader in providing ERP solutions to both industry and government.
Some benefits of implementing ERP from an employee point of view:
a)Analyze data instead of just passing it on
b)Analytical versus transactional work
c) Better access to information
d) Standard processes across the organization and common tools to support those processes
e)common database- Easier to communicate data/information
f)Shorter processing time
g)Easier to meet reporting requirements
ERP is a foundation and lever for change i.e change in business processes and the way business is done.
ERP solutions are implemented using software, of course, but most importantly they contain and are built around the best business practices and processes adopted from industry.
ERP is means of initiating and sustaining business process change.
It is more about processes and people than technology and ultimately, initiating and sustaining business process change is the objective.
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