Manage Your Business with One System
A major benefit of using an ERP solution in a modern business is that you can manage many core business areas with just one system.
Let’s take the example of a manufacturing ERP system. The typical structure of manufacturing ERP solution consists of these main functional categories:
Financials, human resources, discrete manufacturing management, process manufacturing management, inventory management, purchasing management, quality management, and sales management
That’s quite a list! If your organization isn’t using an enterprise-wide solution like an ERP system, it’s probably using a different software system to fulfill each of these functions. And when businesses manage several business functions separately, many issues can arise. These include data errors, duplication of functions or records, lack of visibility into the business as a whole, and lack of communication between different areas of the business, to name a few.
An ERP solution integrates all of these disparate business functions into a single system and allows them to communicate with each other.