Enterprise resource planning (ERP) is a business strategy that uses software to streamline business processes, IT resources, and any other business functions you may choose. The result of using ERP software is that you can get a complete and accurate view of how your business is performing and consider ways to increase productivity with the click of a button.
You may recall when your core business functions used to be housed on independent collection repositories. But the emergence of ERP as architecture for business data – and then the evolution of web based software – has given you a new kind of integration across your business. Web based ERP software, in comparison to some more costly, large-scale ERP software options, is an attractive alternative for smaller and mid-sized businesses.
Centralized data collection is at the heart of ERP software, and this data collection is available across platforms and locations when you use a web based ERP software program. The advantage of using a web based program is that data about your operations, inventory, sales, prospective customers, and accounting can be accessed from anywhere and at anytime. Business actions and decision-making lie at your fingertips whenever you have an Internet connection because your data is stored in a secure cloud computing system.
The core function of web based ERP software is the ability to synchronize and standardize information from end-to-end, so that your sales team, for example, doesn’t make promises your inventory can’t keep up with. Another key function of web based ERP software is the ability to input a change or entry once. That entry will then be reflected across all departments and functions.
Web based ERP software also offers extensive reporting functionality. From inventory to accounting, organizations using web based ERP software can customize reports to their exact specifications, whether it is for a shop of one or 100.
As you consider your options, choose a reliable web based ERP software vendor, since in essence, you’ll be transferring many of the functions of your IT department to this provider. You’ll need to be willing to share data about your core processes and business functions, so you may need to get several project managers on board. When selecting web based ERP software, also look for a vendor that offers compatibility across several browser types. The investment into web based ERP software may take time and some reorganization, but many companies have found a tangible way to increase efficiency and productivity once they have implemented the solution.
With lower costs compared to implementing a traditional, on-premise ERP system and the capacity to link up an Internet order all the way through sales, customer service, order fulfillment and billing, web based ERP software can give you the ability to be a very widely distributed organization with the control element of a cozy in-house shop.