The enterprise resources planning systems (ERP) are in charge of connecting departments to form a unified whole in order to help the business stabilize and grow. What exactly is the purpose of ERP under the SaaS model ? What are the major ERP trends for the future? Let's learn more about these fascinating topics by reading the article below.
Enterprise Resources Planning Systems - What is the function of ERP?
Enterprise resources planning systems must manage the entire process, assisting in improving the operations of a company or organization.
The integration and chaining of all processes will assist the erp software in controlling the enterprise's activities optimally, successfully, and closely.
Typical modules of ERP software include:
- Purchase
- Sales
- Manufacturing
- Inventory management
- Finance & Accounting
- Human Resources Management
- Project Management
- Customer Relationship Management
- Etc.
The main functional modules of ERP
What are the benefits of Enterprise Resources Planning systems?
Visible performance improvements
Features of ERP enable businesses to effectively understand and control all aspects of their operations, providing a foundation for ERP implementing and decision-making.
Simultaneously, ERP software supports the automation of simple and repetitive tasks, allowing employees to focus on higher-level tasks and projects. This significantly increases labor productivity.
Integrated, transparent, and tightly secured data
Enterprise resources planning systems combine information from across the organization into a single database.
ERP systems are built to assist employees to track specific information and clearly understand the occurred processes. They do not have to worry about missing, overlapping, or incorrect information.
Simultaneously, the ERP software controls who can view and edit information on the system. As a result, businesses can be confident that the data on ERP will be kept confidential and transparent.
>>>> See More: 11 enterprises with successful ERP implementation in Vietnam
Control and manage all enterprise activities on a single system
The enterprise resources planning system assists leaders in solving business management problems on a single software system instead of many different individual pieces of software. This contributes to a more efficient workflow.
Enhance competitive advantage
ERP systems provide numerous benefits to businesses, including increased labor productivity, cost savings, and information control. As a result, businesses' competitiveness will improve significantly.
ERP enhances competitive advantage for businesses
Two future trends of enterprise resources planning systems
SaaS ERP
Every company desires enterprises resource planning systems that are both cost-effective and easy to deploy.
As a result, many businesses are opting for SaaS ERP software, which is defined as a cloud-based platform in which the supplier does not sell but distributes the software as a service instead.
ERP SaaS requires no investment in information technology infrastructure. ERP SaaS providers will always have a specialized IT team, a team of expert consultants, and human resources from other departments who have been trained with the ultimate goal of providing software implementation support for businesses.
Enterprises only need to pay fixed monthly costs to have an enterprise resource planning system that can handle all business activities. Furthermore, the cost will be determined by the number of users and software installed.
Therefore, ERP SaaS is ideal for small and medium businesses.
ERP under the SaaS model
Scalable, integrated ERP
Currently, some businesses use enterprise resources planning systems solely, which sometimes cannot fully meet their requirements. They have discovered a variety of other software (for example, production software, retail management software, purchasing management software, and so on) to ensure more efficient business operations.
At the time, the troublesome problem for businesses was figuring out how to integrate ERP software with these separate software into a single system.
As a result, scalable, integrated ERP software has been and will continue to be a trend in the future. It will make it easier for businesses to integrate with existing data platforms as well as any application software.
