What Is ERP Software?
In this post, You are going to know What is ERP , The Resources of ERP, The Benefits of Enterprise Resource Planning Systems, List of Enterprise Resource Planning Systems
ERP: ERP stands for Enterprise Resource Planning. ERP is software widely used by organizations to manage day-to-day business activities. It is Including accounting, human resources, purchasing, project management, risk management, compliance management, supply chain, ordering, delivery and reporting. A robust Enterprise Resource Planning system integrates all core functions into a unified system that helps plan, budget, forecast, and report on an organization’s results.
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Planning in companies we do below Planning Activities.
➢ Productivity (Relates to Men and Machines)
➢ Effectiveness (related to Methods Employed)
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An Enterprise has the following Resources.
1. Money (Finance Dept) – Tally, Oracle, JdEdwards, ….. etc
2. Men (Human Resource Dept) HR, Peoplesoft
3. Machines (Production Dept) – Production software
4. Marketing (Sales and Distribution)
5. Methods (Pervade all the other resources)
6. Management
Benefits of Enterprise Resource Planning Systems
1. Eliminates the duplication
2. Redundancy in data
3. More ROI on Information Technology implementation
4. Faster
5. Satisfying partners or Customers etc…
Characteristics of Enterprise Resource Planning System
1. Single Uniform System across the enterprise
2. More integrated system
3. Usage of multiple Languages and Currencies
4. Client server architecture etc…
List of ERP Systems
1. SAP
2. ORACLE : FINANCIALS
3. PEOPLE SOFT
4. RAMCO MARSHAL
5. JD EDWARDS
6. BAAN
7. CYBER etc…
More than 90% of the ERP Market occupied by SAP. The reasons are
Before developing of SAP the software engineers studied the nature of all industries across the world and developed the SAP in order to meet all enterprise requirements.