An ERP is an incredible system to manage enterprise information and use for decision making. It smooths out business tasks by automating the main parts of information driven procedures, performing broad information investigation and giving precise results, all inside an instinctive and incorporated structure.
With an #ERP system, you can gather, store, oversee, and decipher information from different speciality units. By gathering an association’s shared value-based information from various sources, ERP frameworks dispense with information duplication and furnish information effectively with a “solitary wellspring of truth.”
ERPs were initially intended for assembling organizations however have since extended to support businesses, advanced education, social insurance, money related administrations, and government. Every industry has its own ERP idiosyncrasies. For instance, government ERP utilizes contract lifecycle management (CLM) instead of customary buying and observes government bookkeeping rules as opposed to GAAP. Banks have back-office settlement procedures to accommodate checks, Mastercards, charge cards, and different payment gateways.
There are two type of features:
1- Domain Features
2- Technical Features
Domain Features
Accounting and Finance Management
Sales and Marketing
Customer Relationship Management (#CRM)
Manufacturing Management
Purchase Management
Supply Chain Management (#SCM)
HR Management
Technical Features
Integrating ERP Modules
Automation
Data Analysis and Reporting
Tracking and Visibility
Integrating with BI Tools
Security
Centralized Data Management
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