Enterprise Resource Planning (ERP)

ERP as a concept means planning management of business enterprise resources. It is a software solution which aims to integrate core business and administrative processes into a powerful tool that, when used correctly in combination with other information sources such as CRM, can lead the company to a significant increase in sales and simultaneously decrease operating costs.

Key Features of ERP
The purpose of ERP is to reproduce the business processes of the enterprise, which are divided into the following main entities:

• Commercial management
• Financial management
• Administrative Information / schedules
• Production

Advantages of using the ERP

• Ensures automation and coordination of all functions of planning, operation and control of all enterprise resources.
• Achieves simulation of any work at all stages of production value added in a single environment of Economic & Commercial Management, Production Planning and Human Resource Management.
• Ensure supervision of the business in all its branches and all associations with partners.
• Helping to eliminate bureaucracy by introducing efficient electronic processing procedures of all transactions.
• Ensures to management integrated and clear picture of the business.

 Is the ERP necessary in a compact Enterprise?

The modern market now imposed on businesses of all sizes to accelerate the procedures of their customer service in order to cope with increasing competition. This results in even a small business to seek ways of planned exploitation of its resources and obtain a full picture of its financial transactions, inventory and human resources. This direction has resulted in the company having less operating costs while increasing its revenues, but more flexibility both in the choice of products to promote but also to the services provided.