What is ERP Software
Dec 31st, 2008 | By admin | Category: ERP Software, Featured ArticlesERP, Enterprise Resource Planning Software. ERP Software is detrimental to any company and easily affects the level of success a company will have. The basic idea of an ERP system is to monitor, track and compare statistical data collected from a company’s daily operations.
Information such as Accounts Payable, Accounts Receivable, General Ledger, Basic Inventory Management, Forecasting, Replenishment, Order Entry, Purchasing, Invoicing, Integrated e-mail and fax and more. The ERP system will monitor and track all activities inside your company allowing for improvements in productivity and efficiency. Advanced Warehousing Software and e-Commerce Software can be purchased as additional modules and will normally be seamlessly integrated to the ERP Software System.
ERP Software comes in many shapes and forms. The majority of ERP software available in today’s market is turn key with little or no customization to a company’s needs. Niche or target software is becoming more readily available but still hard to find for some industries. Entertaining the idea of online demonstrations for ERP Software will help a company determine what package is most appropriate for them. Always research multiple vendors and view many demonstrations. Purchasing an ERP Software Suite should be a project and have much dedication and attention.
ERP Software is available in two major sections.
ERP Distribution – This software is specific to a company that Imports it’s goods and sells them domestically using multiple warehouses.
ERP Manufacturing - As expected this version has far less detail in the distribution and focuses more on the (PDM) Product Development Management and (PLM) Product Life Cycle Management. This also includes the Designing and (WIP) work in process Modules.