Enterprise resource planning (ERP) software is a group of software designed to manage and control various scattered business operations and streamline them in one place. ERP software helps an organization integrate essential business processes like financial operations, HR management, IT operations, Administrative operations, etc., all into one system.
ERP solutions nowadays use modern world technologies, namely AI and ML. Businesses can get efficiency and visibility across all processes through these technologies. This means that 81% of businesses worldwide have implemented ERP or are in the process of implementation.
ERP has expanded and evolved to incorporate business intelligence in the current business environment, which is fast-paced. It is now essential for companies to get an edge over their competition and have better control over the operations of their organizations. With numerous features and customizations offered, ERP solutions can help an array of industries in various ways!
ERP Modules
HR Management ERP
ERP HR modules simplify the administration of human resources and people capital. ERP HR modules typically maintain a complete database of employees with their contact details, monthly salary, attendance, promotions, etc.
Accounting Management
Accounting software such as Tally ERP 9 is highly in demand. It can manage all the financial and accounting-related work like accounting, budgeting, cash flow management, GST compliance, etc., without any hassle.
Customer relationship management
Integration of ERP and CRM is an excellent solution for businesses that do both manufacturings and deal extensively with customer service issues. It will manage customer requests and build satisfaction levels.
Business sales operations
Sales of the company can be managed by incorporating sales operations with ERP solutions. A business sales operation ERP will manage sales reports, inquiries, sales orders, etc.
Inventory management
With artificial intelligence-powered capacity for inventory tracking, companies can maintain an appropriate supply level while avoiding shortages or excess stock. Additionally, its predictive analytics can spot rapid increases in demand or sudden spikes. If the levels of inventory decrease, AI sends alerts and can also automate replenishment.
ERP software for small businesses
Small-sized ERP solutions focus exclusively on the processes that impact the average startup or company with only a few employees. They focus only on certain kinds of data while leaving out the others. Because of this, ERP software for small businesses is also known as light ERP. For instance, it only has supply chain management and order processing, while it also offers accounting and HRM extra options.
Best ERP software in India
Elite-ERP is the one-stop solution for all your ERP needs. We are providing the Best ERP software in India and offshore. Our ERP solution has everything to manage your business operations smoothly. If you are looking for ERP software for your enterprise, then we have a solution. Let's discuss.
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