Tuesday 20 August 2019

What are the ERP advantages Over Business Software?



 ERP

Modern day businesses comprise of several key processes needed to keep the business enterprise on competitive edge in terms of productivity and efficiency and to advance towards the achievement of goals. In other words, empowered with integrated ERP software, one can see through various activities like sales, sales policy, distribution, franchisees, marketing, customer reviews, customer service, inventory management, revenue earned, future roadmap, future sale forecast etc. and with any prolific ERP system in place, such processes and tasks can easily be charted out, and analysed for quick decision making and forecasting in the most reliable manner. For any nature of business hailing from any industry, there are tools available for quick process management which churn out palatable and actionable result.   

Clearly, the role of an integrated ERP can hardly be ruled out and ignored while talking about such key business virtues like efficiency and productivity since any range of processes and sub-processes can easily be translated with precision.


Let us cast a deep peep into the relishing advantages which such accomplished business software (module based ERPs) offer and what core advantages can be drawn out from these:  


Modern day businesses have evolved a great deal and comprise of scores of distinct processes in a bid to compete with proficiency and in an organized way. As such, new age ERPs possess superior business modules that are programmed in a user-friendly manner and smoothen-up the process-flow thereby enhancing the productivity. Work processes are branched out in a business and with an integrated ERP in place, such can easily be managed in the most versatile way and thereby providing you a better management of business activities, resulting in quick decision making, however diversified such activities may be.  


ERP software are based upon prime business modules and users are entitled to select the module and role and responsibility which he or she has been assigned to and all of the remaining modules and processes are thus skipped. To popular Tech experts’ belief ERPs seldom malfunctions or get down frequently, when it has to manage lesser number of processes. But only the vendors who flourish upon paramount tech know-how can prevail in such areas to meet such demands and can go ahead to pacify other business requirements too in other industries.     


With any supreme ERP in place, scalability factor can be rejoiced at length as system’s capacity rescue businesses from challenges as latter surface in wake of business proliferation. If a business ERP system is designed by keeping scalability aspect in sight, such businesses draw a great amount of competitive advantages and perform brilliantly without suffering any significant degree of failure or slowdown at any point of business shift.  


Certainly, with ERP business systems which are based upon specific modules, core business activities however distinct such may be, are blended together in the most sophisticated way which allows better picture about the businesses as well as their outcomes. As a relishing outcome, users are empowered to get a clear picture about the performance, events, development and also about the errors etched in the workflow and improvement can be initiated right away.  


As precisely crafted ERP software which is being strictly enabled upon modules, all types of business activities is turned into data and is put on records for each of the corporate departments (called modules) such as accounts, sales records, salaries and other costs, revenue sheets according to months, quantities lying with inventory and warehouse and so forth. Besides, reports are objectively quantified with quick statistics and necessary calculations done on it, before being served to department managers as well as to senior management. On such basis, effortless forecasts are done in an accurate way. 


Needless to say but with such info, which is updated and is obtained/presented in itemized format, quick decision making becomes a cakewalk which benefits business corporations even SMBs at length.     


 ERP
With the influential progress in digital technology, businesses of all dimensions, approach, sizes and perspectives are undergoing a swift change as there ensues a typically limited competition among them. As an ideal turn of events, Cloud ERP computing has taken every limited scope business (SMBs) in its own style, owing to the attributes of affordability and immense simplification. As a relishing outcome, supreme automation and swift integration of business processes has taken place in an unprecedented way and which was not common nearly a decade ago. Earlier, only large enterprises with expansive operations across multiple locations depended upon express ERPs, but in the present scenario even the SMBs have leveraged such technology for smooth achievement of core business objectives.      

Such a fact and phenomenal digital-edge factor appears resounding enough but then we need to keep in mind that ERPs differ in terms of utility, operations, business scalability and industry. There are designed, established and implemented scores of ERPs under various brands but then businesses can also enable additional functions as are needed by specific business needs. For instance, companies that are primarily into manufacturing will require ERPs which deal with supply chain and inventory status while the ones in construction or interior designing, will need ERPs which will focus upon staff categories, equipment, sites’ status, construction stages, constructed and delivered units and so forth.    
Clearly, with ERPs in place, companies are empowered to ensure supremely comprehensive functionality that  takes every unique business activity within its realm but then, unique focus can also be established such as planning for production, planning for acquiring raw-material, inventory planning, ERP which harps upon particular industry (like retail sector or finance) or any specific region for that matter. Nevertheless, there is yet another ERP feature which ignites passion and excitement among business hearts, i.e. how the ERP implementation will take place?

While most of the businesses are seen opting for in-house or on-premises ERP and the whole software application is installed within the business premises and is run by tech savvy executives.  Such type of implementation is being practised for a long time and is not cost-effective too.   

Alternatively, one can procure Cloud enabled ERP which is like a service and would run on cloud space as will be hosted by the vendor and can certainly be more economical than the former in-house option. Finally, we have a hybrid scenario and handful of key systems remain in-house with other programs and software being hosted on cloud.  


There are also available open source ERP which are the premium business applications whose source code is open to everyone and is not hidden. With such code, corporations (including SMBs) manipulate system’s underlying code to their custom business requirements. For such a purpose, it becomes vital for the corporations to seek assistance from skilled programmers or such programming talent can also be hired to be among the in-house staff. By doing so, companies are saved from paying heavily to software vendors for crafting the ERP to their precise business needs as well as for licensing which is unlike the closed source programs.  


Clearly, there exist a host of towering advantages to business enterprises when open source ERPs are explicitly mingled with day to day business processes. Some of the major advantages are as follows:


 ERP


Not one will get surprised from this open source ERPs’ virtue that delight corporations across the world immensely as they manage to save a huge dollar amount from implementing such a class of ERPs which are a class in their own. Besides, open source ERPs can easily be custom programmed to suit specific business objectives ensuring precise handling of unique processes.

When large corporate giants utilize an open source ERP system, a unique interface shell comes into action which is specifically meant for that particular organization and which is formed outside the core system so as to address the unique business needs and such a system simply blends with the organizational tasks of daily activities. Contrarily, in case of ordinary commercial systems, their prevailing interface is re-programmed for sake of customization and this makes upgrade implementation, a hard task to implement.    

Once customized in the most superior way, initiating timely upgrades to open source ERPs solutions becomes easier, while such are not occasionally possible with the typical commercial business automation systems. From SMBs to large spread organizations, such a virtue benefits every organization regardless its industry and geographical location.

Organizations completely own the system as well as its sourcing content and there is not felt any dependency upon vendor and users feel freedom to implement such software application in their own way.  
Not surprisingly, but with open source ERP(s) in place, top quality business automation, integrity across processes and performing brilliance is ensured at every level, since developers simply live their passion up while infusing programming codes from time to time.    


 odoo
Simply put, Odoo tops the list when one considers the most promising open source ERP to aid business process in the digitally holistic way. 

The organization is vibrant enough to program, develop, test and implement, high-end business applications which are replete with tools and utility software targeted to specific business needs. They enjoy deep-rooted trust from millions of companies spanning industries from around the globe, who gain easy access to the game-changing software which automate their business efforts and enhance their diligence and productivity manifolds.    

They (Odoo Inc) have got around 30 applications patented in their name and which are still under rapid innovation and upgraded regularly. Then, there is a healthy community of around 1500 active members who have helped design more than 16 thousand business apps to harness technology for prime business needs. 

Odoo ERP has sought widespread installations as the most superior business software in the world at present since there are around 3.7 million users from both SMBs to large business corporations. In the grander scheme of things, they have developed numerous apps as well, for easy execution of business tasks. 


Human aspect plays a vital role in ensuring successful implementation of ERP business systems since including ERPs in business modules isn’t merely a tech change.  Management mavericks state that that the attitude of working executives is also crucial to the success of ERPs and drawing its benefits to the organization’s eventual success. Proper training, staffing and assigning roles and responsibilities is also significant and such should also be planned in the most adroit manner.    

Not surprisingly, but when ERP solutions which are module based, can manage the entire business scenario, management is left with key resources to initiate quick decision making and to turn the market tide in their favour. For exploring further about ERP software which are all set out with modules, please contact us here at hello@art-inc.Co  




1 comment: