The ABCs of ERP: Understanding the Fundamentals of ERP
19 July, 2021 by
The ABCs of ERP: Understanding the Fundamentals of ERP
Ese Nikori

The ABCs of ERP

Do you know that ERP is one of the most misunderstood technologies? One of the myths about ERP is that you need to be an IT professional to understand ERP. This is false. 

For example, Odoo is the easiest all-in-one management software available in the market. It is a simple and easy to use business solution. 

Odoo has over 10,000 applications ready for your business needs. Getting the right professionals to implement your digital transformation is pertinent. It is another reason to choose erpSOFTapp. Our consultants implement your ERP system and put you and your staff through the entire process for maximum benefits.

Other myths  

  • ERP is only for large companies.

  • It takes a long time to roll out.

  • It is to impress customers only.

  • ERP is the same as CRM

  • It's for management-level only

  • It can be too costly.

Enterprise resource planning (ERP) implementation is one of the most exciting things in business management. As a business owner, implementing the right ERP system will improve your business. It will help you save time and make better decisions.

Implementing ERP software itself isn't the hard part. After all, the technology has been around for years now and has become quite advanced. 

The hard part is getting everyone within an enterprise to use the ERP system as intended. Employees need to comprehend what it takes to make it an enterprise software solution fit for the company.

Purpose of an ERP.

Every business faces errors, omissions, damages and dishonourable actions of employees. A well-designed ERP system is the panacea for it. 

ERP is a system of programs that ties together all aspects of a business. From e-commerce websites and supply chains to customer service and manufacturing, ERP can change how your company operates. 

ERP is a business software solution that provides access to information whenever it is needed. Running your business without ERP software can be a daunting task. If you don't have an ERP software system in place, your level of success will be significantly lower.

An ERP system can streamline your business processes and get better control over all of the activities performed by your employees. 

It brings all aspects of your business together.  It can increase efficiency, reduce any complications between departments, increase the overall productivity of your company. This program allows you to achieve a higher level of effectiveness throughout all departments in every area of your business.

Introduction to ERP and its Components

A software system is a collection of interrelated, interdependent components. Every component does not work or serve the purpose without others. 

In enterprise resource planning (ERP), the same occurs.  Every module is interrelated with other modules and dependent upon them. Thus, it becomes necessary to understand ERP and its components to be successful at using it.

An ERP system integrates the functions of business and computer operations. 

Such as, 

  • Financial Management

  • Human Resource Management(HRM)

  • Manufacturing Resource Planning(MRP)

  • Sales and Distribution(SD)

  • Customer Relationship Management (CRM) and so on. 

ERP facilitates the work of management in planning, controlling and coordinating its production activities with different departments within and outside the company.

Fundamentals of ERP

The ABCs of ERP: ERP and your Business

ERP is a must-have for any serious business. It's the means of collating everything. It's the means of collating everything. The type of information kept in ERP is extreme, ranging from emails, products and employees to contractors, management, customers, etc.

ERP applications help companies manage multiple business processes such as sales, human resources, production, shipping etc. These are usually built based on business requirements. ERPs such as Odoo can be custom-fit to suit the peculiarities of a company's own needs.

Are There Skills Required to use ERP?

ERP is generally a business software. It doesn't require skills to operate. 

During the implementation process, using ERP consultants like erpSOFTapp affords you the learning opportunity. Our team will put you through the process of operations so you can navigate easily on your own.

Furthermore, the Odoo ERP is one of the most user-friendly ERPs you can get anywhere.

How to Get Started with ERP

It's hard to know where to begin if you're new to ERP. There are so many ERP options available, and it can be hard to know which is suitable for your company.

While there are so many options available, Odoo ERP is one of the easiest and most effective. Click here to read more about the latest version of Odoo ERP. 

Odoo is an easy but powerful ERP that works on all your devices and brings all your business data together: sales, purchases, inventory, human resources, projects, customers etc. All in one place.

If you are looking for the easiest and user-friendly ERP for your business, Odoo is the right choice.

Click here to get the demo version and begin your digital transformation journey.

The ABCs of ERP: Understanding the Fundamentals of ERP
Ese Nikori
19 July, 2021
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