What is ERP?
Thankfully, ERP companies here in Singapore have provided effective software solutions that would ensure speed, and accuracy for our processes.
What is ERP? ERP, or enterprise resource planning, is a software solution that provides businesses with a comprehensive consolidation of their data. It includes a wide range of functional areas that are needed for businesses to assess the businesses’ state.
How does ERP software help business? Today, most processes are already done digitally. Here are things on how an ERP solution could help your business:
Accelerate the core purchase process ERP consolidates needed core purchase processes into a single unified system. It effectively manages processes from quotations to invoicing, goods receipt, returns and payments.
Simplify order to cash processes When it comes with money, you avoid errors. With ERP software from a reliable software solutions company, your business processes will be always kept in check.
Delight customers ERP not only consolidates purchasing processes, but also captures all customer-related information. With this, you become updated with the needs, and preferences of your customers
Easily manage suppliers With ERP software, you keep track of all the purchases that your business has made. There would be comprehensive management for need data such as created orders, current and future deliveries, sub-contracted orders and your buyer workloads.
Optimise your inventory In business, it is also important for you to keep your inventory in check. ERP allows you to optimise your inventory by becoming notified with order alerts in advance. This prevents a shortage, and overstocks.
Here are just some of the things you need to know about ERP. If you are interested, there are many ERP software solution companies in Singapore.