Enterprise Resource Planning (ERP) refers to a software system whereby the main role is to integrate the main functions of an organisation’s processes into a single unified system.
Therefore, ERP systems are a single application with the aim to cover all business’ needs. They are made up of modules that focus on key business areas, primarily Finance, Manufacturing, Human Resources (HR) to name a few.
In the past, ERP systems were primarily relevant to large corporations due to the time and cost required to implement and maintain. Nowadays, organisations of various sizes are opting for these systems due to the advantages they bring about in terms of economy, effectiveness, and efficiency.
Understandably, choosing an ERP system is a massive decision for any company. Regardless of whether the organisation opts for on-premises or a cloud-solution, significant time needs to be invested in order to properly implement the ERP system. Thus, it is expected that businesses pick a system which they envisage using for many years to come.
In this course, we go over key concepts and benefits of ERP’s with tips that can help you use enterprise software most effectively. A fundamental consideration to consider is the flexibility in configuring and tailoring the ERP system, in addition to the cost and the time required to make the necessary changes.
- ERP Systems
- Industry-specific ERP
- Types of ERP
- Benefits of ERP
- Popular Brands