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Ask the Experts
A smart, flexible ERP system that streamlines every part of your business.
Ask the Experts
A smart, flexible ERP system that streamlines every part of your business.
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Does ERP fit in all businesses?
Enterprise Resource Planning (ERP) system is used in almost any type of organization. It doesn’t matter whether it’s large, small or what industry it falls in. The main goal of ERP is to integrate data and processes from all areas of the organization and unify it, to provide ease of
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Do all ERP systems cater to the need of all departments of an organization?
Different companies have different ERP requirements therefore there are many ways to implement a solution. But collectively the term ERP refers to large applications that replace a multitude of independent applications or legacy system of an organization which caters to the need of all departments. Some companies limit the scope
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What are the major difference between service and manufacturing industry?
Manufacturing Industries engaged in the production of goods (finished products) that have value in the marketplace. These industries are further classified into two as Process Industries (Flow production or continuous process production industries) and Discrete Manufacturing Industries. Service Industries include those industries that do not produce goods, but provide certain
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What is the difference between ERP and tools for ERP?
ERP and Tools for ERP – One has to clearly understand here that ERP is not SAP, or Baan or anything else, but these are the tools of ERP. The concepts that ERP believes in should ideally get reflected in these products. But we see that not everything is observed
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What is the difference between ERP & E-supply chain management?
ERP & E-supply Chain Management – In the first hand you must understand what supply chain management (SCM) is. Traditional SCM used the telephone, fax and regular mail to keep contact between suppliers and customers. It involved lots of time and costs. With the advent of computer technologies support for
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What is the difference between ERP and accounting software?
ERP and Accounting Software – Accounting package handles only individual business functions of accounts whereas Enterprise Resource Planning – ERP package handles the entire range of business functions of an organization. ERP system is a fully integrated business management system covering functional areas of an enterprise like Finance, Human Resources,
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What is the difference between Cloud ERP and SaaS model?
A Cloud ERP system means traditional ERP solutions hosted off-site. It is also flexible and scalable. The system has the capability to access real-time data from anywhere without using complicated and costly remote-access software. On the other hand SaaS (Software-as-a-Service) model offerings are typically smaller. This is normally best for
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How data mining and data warehousing are related to ERP?
Data mining and Data warehousing – Modeling the investigated system and discovering relations that connect variables in a database are the subjects of data mining. Modern data mining system self learn from the previous history of the investigated system, formulating and testing hypotheses about the rules, which this system obeys.
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How does the detailed data about production and quality inspections get into the ERP system?
As far as a manufacturing organization is concerned, these are the most important factors affecting profitability and success. If this data could be captured and validated as the activities are happening, everyone in the organization will have accurate, timely information for decision-making. eresource ERP enables a single, logical portal to
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How and when the customization of ERP software is carried out?
Customization of ERP software becomes necessary in every part of the technology and because of this technology development most of the organizations tend to customize their software as per their requirement. Customization is the process of fitting the chosen ERP software to the needs of a specific organization. Whenever the
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Why some people think ROI on ERP is low?
ROI on ERP: Organisations should not wait for an embarrassing and potentially devastating event to find out that security controls in their ERP systems are inadequate. To overcome this risk, organisations need to implement an appropriate access strategy. As businesses grow, information systems support whole communities of users like customers,
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Will just implementing an ERP system solve my business worries?
No software, including even an ERP system, will solve your problems unless the system is used in a proper manner. What is to be remembered is that ERP is a tool and not a magic wand. Therefore, the tool must be used properly if you expect any result from it.
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Why it is recommended to change business practice to suit the ERP software rather than customizing the software?
The Strategic Advantage of Aligning Business Processes with ERP Standards Before implementing ERP software, the organisation needs to analyse current processes, identify non-value-adding activities, redesign the process to create value for the customer, and then develop an ERP system package to suit the organisation’s requirements. A key contribution of ERP
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Why it is not advisable to have an in-house developed ERP?
Operational and Financial Drawbacks of In-House ERP We must understand that the development of ERP is not like other software development projects, which are normally carried out focusing on automation. We find such serious mistakes being committed by some big and small companies in India. The EDP department in most
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Which companies implement ERP and will it be useful to pursue training in ERP?
Training in ERP Various businesses, large and small, have implemented Enterprise Resource Planning (ERP) systems. ERP software supports the distribution of information between various functional departments and geographic locations of a company. ERP systems currently exist in many different forms and offer many different features. Many manufacturing, pharmaceuticals, Construction, Trading,
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Understanding data migration process
Data migration is the process of moving required volume of data from existing systems to new systems. Existing systems can be anything from custom-built IT infrastructures to spreadsheets and standalone databases. migration of data encompasses all the necessary steps to cleanse, correct and move data into a new system. Technological
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There is a feeling that ERP may lead to unemployment, Is it right?
ERP may lead to unemployment? As you are aware that with a successful ERP in place, information will be freely available and any casual user can very easily generate any ad hoc queries or reports. The system will automatically check for the compliance for most of the standard rules. As
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How is technology helpful in the ERP selection criteria?
ERP Selection Criteria – The question should address the company’s business needs and concerns and each issue or question should be given a weight according to how critical that function is for the company. For example, if the company has offices in different countries, then the capability of handling multiple
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What are the tangible and intangible benefits of ERP system?
Tangible and Intangible benefits of ERP system? Tangible benefits are those measured in monetary terms and intangible benefits cannot be measured in monetary terms but they do have a very significant business impact. The tangible and intangible benefits are discussed below : Tangible benefits >> Improves the productivity of processes
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What is meant by stabilization period in ERP implementation?
Stabilization period in ERP implementation – After an ERP system goes live there is what has been referred to as a “stabilization period” that typically lasts three to nine months. During that period most companies should expect some dip in their business performance and should expect that they will need
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