ERP Software known as Enterprise Resource Planning software can be simply defined as an idyllic system of software applications designed to meet the various operational and functional requirements of a medium and large size business. ERP software application can acts as main software system for all areas and has the capacity to make the most of efficiencies, and update the flow of information throughout an organization. No doubt, today enterprise resource solution can help organization in integrating all of its data and processes into a single unified system.
Microsoft Dynamics NAV :A business management solution that integrates all facets of a business - Planning, Finance, Materials, Sales, Marketing, Manufacturing, Human Resources etc. The solution boosts productivity, connectivity and business insight for small and medium-sized companies in a cost-effective way.
SAP Business One Solutions :An integrated and affordable business management solution that is specifically designed for small and midsize businesses. It provides users with a consistent, intuitive environment that they can learn quickly and use effectively, and at the same time SAP Business One is powerful enough, enabling companies to manage their businesses and grow to new levels of success. A hypothetical example: ERP automates the tasks necessary to perform a business process—such as order fulfillment, which involves taking an order from a customer, shipping it and billing for it. With ERP, when a customer service representative takes an order, he or she has all the necessary information—the customer's credit rating and order history, the company's inventory levels and the shipping dock's trucking schedule.
Everyone else in the company can view the same information and has access to the single database that holds the order. When one department finishes with the order, it is automatically routed via the ERP system to the next department. To find out where the order is at any point, one need only log in to the system. The order process moves like a bolt of lightning through the organization.
Different Approaches :The Info India can help you implement an ERP solution in the following ways: By ground-up & end-to-end development resulting in a 100% customized solution that is tailor-made for your business. This is our preferred mode of approach.
By assisting you in implementing products identified by your organization after evaluating the product specifications and orientation towards your business.
The initials ERP originated as an extension of MRP (material requirements planning; later manufacturing resource planning) and CIM (Computer Integrated Manufacturing). It was introduced by research and analysis firm Gartner in 1990. ERP systems now attempt to cover all core functions of an enterprise, regardless of the organization's business or charter. These systems can now be found in non-manufacturing businesses, non-profit organizations and governments.
To be considered an ERP system, a software package must provide the function of at least two systems. For example, a software package that provides both payroll and accounting functions could technically be considered an ERP software package Examples of modules in an ERP which formerly would have been stand-alone applications include: Product lifecycle management, Supply chain management (e.g. Purchasing, Manufacturing and Distribution), Warehouse Management, Customer Relationship Management (CRM), Sales Order Processing, Online Sales, Financials, Human Resources, and Decision Support System.
Ideally, ERP delivers a single database that contains all data for the software modules, which would include:
Manufacturing Engineering, bills of material, scheduling, capacity, workflow management, quality control, cost management, manufacturing process, manufacturing projects, manufacturing flow, Supply chain management, Order to cash, inventory, order entry, purchasing, product configurator, supply chain planning, supplier scheduling, inspection of goods, claim processing, commission calculation, Financials General ledger, cash management, accounts payable, accounts receivable, fixed assets, Project management Costing, billing, time and expense, performance units, activity management, Human resources, Human resources, payroll, training, time and attendance, rostering, benefits, Customer relationship management, Sales and marketing, commissions, service,
customer contact and call center support, Data warehouse and various self-service interfaces for customers, suppliers, and employees, Access control - user privilege as per authority levels for process execution, Customization - to meet the extension, addition, change in process flow Enterprise resource planning is a term originally derived from manufacturing resource planning (MRP II) that followed material requirements planning (MRP). MRP evolved into ERP when "routings" became a major part of the software architecture and a company's capacity planning activity also became a part of the standard software activity. ERP systems typically handle the manufacturing, logistics, distribution, inventory, shipping, invoicing, and accounting for a company. ERP software can aid in the control of many business activities, including sales, marketing, delivery, billing, production, inventory management, quality management and human resource management
Implementation Businesses have a wide scope of applications and processes throughout their functional units; producing ERP software systems that are typically complex and usually impose significant changes on staff work practices. Implementing ERP software is typically too complex for "in-house" skill, so it is desirable and highly advised to hire outside consultants who are professionally trained to implement these systems. This is typically the most cost effective way.
There are three types of services that may be employed for - Consulting, Customization, Support. The length of time to implement an ERP system depends on the size of the business, the number of modules, they extent of customization, the scope of the change and the willingness of the customer to take ownership for the project. ERP systems are modular, so they don't all need be implemented at once. It can be divided into various stages, or phase-ins. The typical project is about 14 months and requires around 150 consultants.
A small project (e.g., a company of less than 100 staff) may be planned and delivered within 3-9 months; however, a large, multi-site or multi-country implementation may take years. The length of the implementations is closely tied to the amount of customization desired.
To implement ERP systems, companies often seek the help of an ERP vendor or of third-party consulting companies. These firms typically provide three areas of professional services: consulting, customization and support. The client organisation may also employ independent program management, business analysis, change management and UAT specialists to ensure their business requirements remain a priority during implementation.
Data migration is one of the most important activities in determining the success of an ERP implementation. Since many decisions must be made before migration, a significant amount of planning must occur. Unfortunately, data migration is the last activity before the production phase of an ERP implementation, and therefore receives minimal attention due to time constraints.
The following are steps of a data migration strategy that can help with the success of an ERP implementation :
interface with one another may involve :
ERP Systems centralize the data in one place. This eliminates the problem of synchronising changes and can reduce the risk of loss of sensitive data by consolidating multiple permissions and security models into a single structure.
Some security features are included within an ERP system to protect against both outsider crime, such as industrial espionage, and insider crime, such as embezzlement. A data-tampering scenario, for example, might involve a disgruntled employee intentionally modifying prices to below-the-breakeven point in order to attempt to interfere with the company's profit or other sabotage. ERP systems typically provide functionality for implementing internal controls to prevent actions of this kind. ERP vendors are also moving toward better integration with other kinds of information security tools.
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