An Enterprise Resource Planning
(ERP) system is sometimes thought of as an expensive software system
which needn’t be acquired because local information technology (IT)
staff can just write the applications the business needs. But an ERP is
an example of the old saying, “it doesn’t cost — it pays.” Here’s why
every company should have and use an ERP system.
One stop financial shopping: ERP software pulls all your financial information together for easy access and reporting.
Integration and coordination: . ERP software integrates your information, avoiding the need to gather data from multiple, independent systems.
Ease of learning and use: ERP software has a uniform look and feel, and similar methods of use across all of its modules. This makes it easier to learn, as it only has to be learned once. It makes it substantially easier to use, with knowledge transferred from module to module.
Flexibility:. ERP software, with its unified design, adapts to your business as your business grows. Unlike disparate systems, ERP systems are created with growth in mind. Changes are made centrally in a rapid and effective manner.
Updates with legal and business climate changes: ERP software is supported by the software vendor, who will provide regular updates as legal requirements change and the business climate evolves. Compliance issues are eased and competitive advantage is maintained without staff being saddled with time-consuming, expensive programming work.