What is ERP Software?

  • ERP denotes Enterprise Resource Planning.
  • A software which helps do this planning is called ERP Software.
  • The objective of implementing an ERP Software is to give visibility and control at all levels.
  • A good ERP Software captures data of all transactions in every department and links it with the process flow of the business.
  • An ERP Software should also be able to compile this data and provide meaningful reports to the heads of the departments as well as to the management.
  • A good ERP Software when implemented should indirectly do Business Process Re – Engineering.
  • ERP Software gives users the rights to update specific information and view specified reports based on the authorization given by the management.
  • In a nutshell, the ERP Software runs a major part of the business.
  • The automatic and instant reports in an ERP Software eliminate redundant manual data capture and manual preparation of reports.
  • Thus an ERP Software saves a lot of manpower and cost.
  • To choose the right ERP Software, visit the page ‘How to choose the right ERP Software’