Enterprise Resource Planning
What is ERP really?
The ERP is an acronym for – Enterprise Resource Planning which is said to be business software used to assist management with improved systematization, processing and especially reporting. Any organization including profit making, non-profit, NGO’s and government to manage their business affairs. Enterprise Resource Planning software can easily integrate many if not all facets of manufacturing, development, operations, sales and marketing, Customer Relationship Management, Knowledge Base, Contract Management, Service and Technician management, Credit Control and a whole lot more. There are Software Development Kits (SDK) available for integration with other software and for software development.
Enterprise Resource Planning if based on a core of financial modules including Accounts Payable, Accounts Receivable, General Ledger and Inventory. The power of Enterprise Resource Planning comes into its own with add-on Software Modules that cater for a myriad of business needs. Enterprise Resource Planning software consists of many add-on software modules individually purchased can meet the specific needs and hardware infrastructure of most organizations.
Enterprise Resource Planning add-on modules can address any area of business processes for example:
- Product development,
- Product planning,
- Material purchasing,
- Inventory control,
- Business Intelligence (BI).
Enterprise Resource Planning with all its add-on modules presents a business solution that is a single unified package. Proper set up of Enterprise Resource Planning creates a smooth the flow of data across the organization.