If you are new to business software, you might have heard about Enterprise Resource Planning (ERP) solutions, but you are not sure exactly what they are. This blog post looks to answer that question.
Summary
ERP (Enterprise Resource Planning) software connects systems and processes into one single comprehensive software solution.
Industry or vertical solutions use an ERP as a platform to develop solutions tailored to the needs of specific industries.
ERP software helps companies connect systems and processes. Using a centralized database, the ERP helps businesses collect, store, manage and interpret data for efficient finance, sales, service and operations management.
Example of a general ERP
The ERP helps ensures that all departments and employees are using the same, most up-to-date information. It can include the following modules:
- Financial Management
- Supply Chain Management
- Purchasing
- Manufacturing
- Inventory
- Sales & Marketing
- Human Resource Management
- Customer Relationship Management
ERP Advantages
ERP software offer many advantages, but some of the most important are those related to reducing expenses.
An effective ERP can help a business with:
- Forecasting
- Better resource planning and utilization
- Improving quality and efficiency of each department and the organization as a whole
- Getting a real-time status of the whole organization, project, department or division
- High data security
- Better analysis through business intelligence
- Improving customer service
- Increasing productivity
A Variety of ERP
ERP software is a vast field, and you can find solutions that are a fit for different business sizes, as well a general solutions and industry-tailored solutions that meet the needs of specific industries. For instance, industries like education, hospitality, and fashion have different ways of operating and therefor have different business needs.
The Microsoft Dynamics NAV-based TRIMIT solutions are an example of solutions for specific types of businesses. Our solutions are a fit for companies that work with apparel and fashion, furniture, and general product configuration.
Examples of ERPs:
- Microsoft Dynamics NAV
- Microsoft Dynamics AX
- Oracle
- SAP
- Netsuite
- Odoo
TRIMIT Downloads
TRIMIT Fashion (PDF)
TRIMIT Furniture (PDF)
TRIMIT Configuration (PDF)