What is ERP?

• It provides integrated database and custom-designed report systems.
• It may also integrate key customers and suppliers as part of the enterprise’s operation.
• It adopts a set of “best practices” for carrying out all business processes.

ERP system and process benefits

• Integrate financial information
• Integrate customer order information
• Standardize and speed up operations processes
• Reduce inventory
• Standardize Human Resources information

Potential Benefits of ERP

Business Process Improvement Steps

• Evaluate existing Business Process
• Identify Best Business Practices
• Analysis and Mapping with best practices
• Suggesting best business process suitable to current business
• Define business process and Standard Operating Procedure
• Implementation of Process and SOP

ERP system and process benefits

• Efficiency. An ERP system eliminates repetitive processes and greatly reduces the need to enter information manually. The system will also streamline business processes and makes it easier and more efficient for companies to collect data.
• Integrated Information. Instead of having data distributed throughout a number of separate databases, all information is now located in a single location.
• Reporting. ERP software helps make reporting easier and more customizable. With improved reporting capabilities.
• Customer Service. It’s easier to provide high-quality customer service using an ERP system.
• Security. A new system will improve the accuracy, consistency and security of data. Restrictions to data can also be enhanced.
• Financial Accuracy. Increase investment potential due to transparency in financial transactions and accuracy.
• Cost Reduction. Reduction in Procure-to-Pay cycle processing time and cost.