Enterprise Resource Planning Systems
Enterprise resource planning systems, commonly referred to as "ERP" systems, are software solutions that allow businesses to manage their processes via a system of applications that are integrated together. These systems automate many functions in the business, like buying, accounting, and demand planning, and they make it easier to gauge performance elements like efficiency.
ERP is also used to improve the workflow and the flow of data between the applications in your business so that everyone is looking at a single set of information (rather than different or duplicated data). Find out more about ERP software and some of the best programs available in the sections below.
What are the best ERP software solutions?
There are a number of highly rated top ERP softwares. These come from a number of different providers such as NetSuite, which is on the smaller side, and Oracle and SAP, which are companies on the larger end.
When choosing an ERP software, you want to make sure that you make a decision for the long haul. This is because if you implement ERP software A, for example, and find some problems or shortcomings from it down the line, it can be very difficult to go back and integrate another software in its place. You want to make the right decision on the first try. So do your research.
Tips for ERP Software Installation
As far as how to use ERP software, there is one proven way to increase your chances of a flawless ERP software implementation. That is by hiring consultants to look at your business, to install the software themselves, and to train your workers on how to employ the ERP system when it's ready.
Since the goal is to install ERP software one time and one time only, it's important that you take your time during this process. There is no need to hurry.
Another tip is to always be monitoring performance. After everything is in place, you and your business leaders should go about optimizing processes. You should be maintaining processes that are proven to work, as well. Remember, these tools were developed to help you run the business but they can't be a replacement for regular QA.
Additionally, keep your business's ERP system up-to-do. With big ERP systems like Oracle, you can expect regular updates to occur every quarter or so. You want to make sure that you keep up with these updates so that your business is employing the latest features and benefits.
You also want to be sure that your company's applicable departments (like IT) are fully familiar with these changes so that your business can get the most out of them.
About Maintenance Agreements
Maintenance contracts are a big part of ERP systems agreements these days and they are well worth the cost. If something isn't working right or you are not able to streamline ERP management and you have one of these agreements in place, you will always be able to go to the software provider and submit questions or cases.
They will be able to get back to you and keep your company running if the problem is systemically important. They have the resources and expertise to help solve your problems. They can also be partners with you in looking at your systems and helping to optimize them over time. Note that this service is an additional cost but that it can pay off over time.