Is Enterprise Resource Planning Software Useful For A Company.?

I am HR of a concern, a marketing person approached me and said Enterprise Resource Planning software will be more helpful for your company. Does anyone heard about that? If anyone know any detail please share with me.

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5 comments to Is Enterprise Resource Planning Software Useful For A Company.?

  • Mike B

    ERP software is only going to be useful if the company is going to fully implement the software. The answer is OF COURSE it’ll help. Your best resource for this should be your materials manager within your own organization. If you don’t have one, chances are…you won’t get ERP software.

  • CA pp jain

    Enterprise resource planning (ERP) is an enterprise-wide information system designed to coordinate all the resources, information, and activities needed to complete business processes such as order fulfillment or billing.
    An ERP solution is characterized by supporting a variety of business functions such as manufacturing, supply chain management, financials, projects, human resources and customer relationship management from a shared data store.
    An ERP system is based on a common database and a modular software design. The common database can allow every department of a business to store and retrieve information in real-time. The information should be reliable, accessible, and easily shared. The modular software design should mean a business can select the modules they need, mix and match modules from different vendors, and add new modules of their own to improve business performance.
    Ideally, the data for the various business functions are integrated. In practice the ERP system may comprise a set of discrete applications, each maintaining a discrete data store within one physical database.
    Because of their wide scope of application within a business, ERP software systems are typically complex and usually impose significant changes on staff work practices. Implementing ERP software is typically not an “in-house” skill, so even smaller projects are more cost effective if specialist ERP implementation consultants are employed. The length of time to implement an ERP system depends on the size of the business, the scope of the change and willingness of the customer to take ownership for the project. 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.
    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:
    Identifying the data to be migrated
    Determining the timing of data migration
    Generating the data templates
    Freezing the tools for data migration
    Deciding on migration related setups
    Deciding on data archiving
    ERP vendors have designed their systems around standard business processes, based upon best business practices. Different vendor(s) have different types of processes but they are all of a standard, modular nature. Firms that want to implement ERP systems are consequently forced to adapt their organizations to standardized processes as opposed to adapting the ERP package to the existing processes.[8] Neglecting to map current business processes prior to starting ERP implementation is a main reason for failure of ERP projects It is therefore crucial that organizations perform a thorough business process analysis before selecting an ERP vendor and setting off on the implementation track. This analysis should map out all present operational processes, enabling selection of an ERP vendor whose standard modules are most closely aligned with the established organization. Redesign can then be implemented to achieve further process congruence. Research indicates that the risk of business process mismatch is decreased by:
    linking each current organizational process to the organization’s strategy;
    analyzing the effectiveness of each process in light of its current related business capability;
    understanding the automated solutions currently implemented.
    ERP implementation is considerably more difficult (and politically charged) in organizations structured into nearly independent business units, each responsible for their own profit and loss, because they will each have different processes, business rules, data semantics, authorization hierarchies and decision centers.Solutions include requirements coordination negotiated by local change management professionals or, if this is not possible, federated implementation using loosely integrated instances (e.g. linked via Master Data Management) specifically configured and/or customized to meet local needs.
    A disadvantage usually attributed to ERP is that business process redesign to fit the standardized ERP modules can lead to a loss of competitive advantage. While docume

  • Klam K

    hi,
    i have installed Enterprise Resource Planning software for my organization development it is working good. It will satisfy all the need of your company like accounts, profit and other. If you want more details on ERP you can go through the following link.

  • emce

    YES.
    There is no doubt about it.
    Try SAP. The Best ever. You can contact the best
    ASM TECHNOLOGIES, RICHMOND ROAD, BANGALORE.
    Try their website.www.asmltd.com
    info@asmltd.com

  • Ammar

    Yes it is! ERP system makes all business functions automated and connected with each other for any information retrieving process. for more information you gotta see the advantages of making your processes as a software

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