ERP 101

Posted by: RAMAN on  20th July 2017

WHAT IS ERP? Enterprise resource planning

A state-of-the-art ERP system is business software with functionality for every part of your business integrated into one robust solution.


Many companies still use separate software systems for each function or department. These “data silos” make even the most basic reporting, and tracking tedious, error-prone and unreliable. The information needed to make business management decisions is difficult to attain, must be gathered from multiple sources and can be incomplete.
  • Forecasting
  • Sales
  • Supply Chain Management
  • Finance & Accounting
  • Service
  • Distribution & Manufacturing
  • Internet Sales
  • Engineering PLM
  • Production Planning
Accounting SCM, quality inventory forecasting distribution manufacturing service, sales MRP


A well-designed ERP solution in able to process any type of transaction from every department in a single, integrated-solution. It can track business operations in real-time and provide timely, accurate information to business managers.
ERP spans from accounting to inventory, from distribution to real-time costing, from manufacturing to quality control, to sales, forecasting and more. ERP systems are backed by robust reporting that gives business managers the insight they need to make decisions about their business today.
A well-designed ERP system is flexible and can be deployed in several ways including:
  • At your location(on-premise)
  • Hosted elsewhere
  • In the cloud


  • Finance & Accounting
  • Supply Chain Management
  • Forecasting
  • Manufacturing
  • Distribution
  • Purchasing & Material Planning (MRP)
  • Customer Relationship Management (CRM)
  • Vendor Relationship Management
  • Quality Control
  • Inventory
  • Service
  • Sales
  • Reporting


  • Key business metrics are available in real-time so you can react more quickly to changes
  • Instantly run status reports
  • Streamline operations & improve productivity
  • Reduce redundant information
  • Improve accuracy of production costing & forecasting
  • Automate quality control
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Related Blogs:
ERP Implementation tips                                             ►Benefits of hosted ERP solutions                              ►The Future of ERP -SMEs