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What is ERP?

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About ERP - What is ERP?

Just another IT industry acronym? Not quite. ERP, or enterprise resource planning, to give it its full name, is the term used to describe the automation of core business functions, including production, accounting, distribution, supply chain and human resources. In other words, it's the use of technology to integrate the information from all your key business functions and smooth its flow around your organization.

Why should you be interested? Because, a well-implemented and appropriate ERP system can create significant efficiencies across your business, resulting in timely business information, better customer relationships, a more cost-effective supply chain, improved internal process and, ultimately, increased profitability.

Think of the different systems across your business at the moment, whether manual or automated. A customer places an order. How often is this order entered into various systems in different departments; from finance to distribution to sales and marketing? Not only is this time consuming, but it also creates the opportunity for errors.

Can your finance department quickly query the system in the warehouse to find out if the order has been dispatched and whether to raise an invoice? Can your marketing department rapidly identify those customers who have recently ordered specific product lines in order to better target direct marketing activities?

With an ERP system, the customer order information is entered once and then available throughout the business. Every department is better placed to carry out its task and you have clear and more timely information on which to base critical business decisions.

Choosing the right ERP system for your business needs is vital. The Microsoft Dynamics® range of ERP software Microsoft Dynamics® NAV and Microsoft Dynamics® AX have been designed to deliver a fully-integrated suite of modules across all key business functions. The solutions can if necessary be tailored and customized to the specific needs of any customer in any industry sector.

Tectura will help deliver a tailored, optimal ERP solution best suited to your business environment.

 

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