WHAT IS ERP?

ENTERPRISE RESOURCE PLANNING

If any client is doing some business, to maintain their complete business

transactions data, for example, their financial data or their human employees data
or if we want

to maintain their engineering data, our procurement data or if we want to maintain

their accounting

information on if we wanted to maintain their CRM information, that's all we wanted

to go for, maintain,

then we will be using ERP software.

WHAT IS THE PURPOSE OF ERP ?

Whenever any interprises are running a business. Whatever the business, they are
performing day to day transactions and their financials like payables, receivables
and sales, procurement and employees leaves, employee salaries and employee
benefits. Compensation like this.

If we want to maintain all the information of the enterprise we need a single

software.
If there is any software which will satisfy all these requirements, then we can
call it that software as it ERP software or ERP product or ERP application.

MAJOR REASONS FOR ADAPTING ERP ?

1. INTEGRATE FINANCIAL INFORMATION

Easily integrate financial information by end of the day or another week or another
month or end of the quarter

or end of the year.

The organizations can easily club the information, financial information like
Babel's and Receivables,

and they can go far, generate the trade balance report and they can identify the
profit and loss report

and which area they are getting profit, which area they are getting lost.

The organizations can easily club the information, financial information like
Babel's and Receivables,

and they can go far, generate the trail balance report and they can identify the
profit and loss report

and which area they are getting profit, which area they are getting lost.

Based on that, they can take business decisions that's why their complete financial
information like business intelligence will shows that information in a proper way
to take up that particular

area.
2. INTEGRATE COSTUMER ORDER INFORMATION

We know that customer is very important for an organization.

Most of the clients, when they are, when they are interacting with the customers,
they will be very

careful and they'll take care of the customer.

So we are supposed to maintain the complete customer information.

But think but what is customer name, customer address, customer shipping locations,
billing locations,

customer priorities, customer profiles, customer limits and what is the history of
the customer with

us?

And based on that, providing some discounts to the customer and price breaks,
giving the efforts to

the customer.

This all you will call it as a customer order information.

3. Standardize and speed up operations processes

And if we are going to maintain this all information and standards and speed up
this operations process,

we will be using the software and inventory.

4. Reduce inventory
5. Standardize Human Resources information