Enterprise Resource Planning Systems Transform, Integrate and Scale Businesses
When you search for “ERP” on the web, the sheer amount of information that comes up can be overwhelming—not to mention a little confusing. Every website seems to have its own definition of ERP, and one ERP implementation can vary widely from the next. These differences, however, underscore the flexibility that can make ERP such a powerful business tool.
To get a deeper understanding of how ERP solutions can transform your business, it helps to get a better sense of what ERP actually is and how it works. Here’s a brief introduction to ERP and why it seems like everyone’s talking about it.
Elaborate About ERP?
ERP is an industry acronym for Enterprise Resource Planning. Broadly speaking, ERP refers to automation and integration of a company’s core business to help them focus on effectiveness & simplified success.
ERP is usually referred to as a category of business-management software—typically a suite of integrated applications—that an organization can use to collect, store, manage and interpret data from these many business activities.
Advantages of ERP for your Business
Increase Overall Performance: By integrating disparate business processes, ERP ensures coherence and avoids duplication, discontinuity, and people working at cross purposes, in different parts of the organization. The cumulative positive effect when business processes integrate well is overall superior performance by the organization.
Quality Reports and Performance Analysis: Analysis on ERP will enable you to produce financial and boardroom quality reports, as well as to conduct analysis on the performance of your organization, simply optimize your Wisdom level to make a right and timely decision.
Roles and Security Access: Protecting your critical business data through well-defined roles and security access at atomic level
Objective to Implement ERP
As we know, these days business are going under tremendous pressure for service provider as well as the clients to keep business running with hassle free and low operational cost, so we are going to make a business model as per the current business circumstances which will be acceptable and affordable for the customers to run their business with updated and fully compliance according to the industry regulations and government policies.
The Key Factors of Success ERP Implementation
Business Rules: Business rules & policies of the organization should be clear and precise and it must be compliance with the application
Before Golive: UAT (User Acceptance Test) should be run by the Business Process Owners (BPO) & End users of the each business processes, which has identified and agreed during Analysis Phase.
After the Golive: Month End Financial closing from ERP Application System with satisfaction by the CFO.
Communication: It is an ultimate success factor, the communication should be precisely and clear in each phases of Project Cycle. The Project Manager has responsible to define the communication strategy and apply in a proper way with The Top Management, BPOs, Functional & Technical consultants.
Implementing ERP typically requires changes in existing business processes. Poor understanding of needed process changes prior to starting implementation is a main reason for project failure. The difficulties could be related to the system, business process, infrastructure, training, or lack of motivation.
Every organizations are getting challenges due to new Government policies and regulations, it is very hard to run the business with the legacy (old) system, they need to keep running the business to overcome the challenges with minimum operational expenses (OPEX) by a proper solution with an ERP Application System.
Information Gathering or Analysis Phase
- Analysis can identify opportunities for process modernization. It also enables an assessment of the alignment of current processes with those provided by the ERP system.
- Analyze the current business Process of each department (Finance, HR, Procurement, etc).
- Identify the bottle neck, Pain areas or challenges in the current business processes.
- Define and set business rules or polices based on the current requirement.
- Identify and design the current departments and organizations structure or organization as per the job description of each employee.
- Prepare a comprehensive current business process documents (ASIS) of each department to identify scope of work.
- We can also assist you to identify the best possible ERP (SAP/Oracle/MS Dynamics) Vendor selection, as a second option.