What is Enterprise resource planning (ERP)

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An ERP is a software solution that streamlines, automates and  integrates all business functions (HR, Finance, Sales, Purchase etc.) of a organization to a single computing system. It’s main objective is to facilitate the flow of information and communication of goals, objectives and strategies across the organization with complete ease and access for all. Many enterprises use ERP for increasing productivity, advanced planning & scheduling, sales force automation, HR management etc. They also integrate key customers and suppliers as part of the business operation. The improved decision-making increases profitability and ROI of business in an effective way. Island of Information- ERP organizes, collects and streamlines the information from various departments of an organization to provide a comprehensive enterprise view (no “islands of information”) enabling the management to make quick and informed decisions. Before ERP- After ERP-  

Top 14 benefits of ERP

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The fundamental advantage of an ERP lies in it’s ability to improve the quality and efficiency of the business.  ERP can save a lot of time and money by integrating all the business process under a centralized ERP. The ERP makes the data visible across the organization facilitating faster decisions with fewer errors. Internal Benefits- A complete overview of all business activities just a few clicks away with the integration of a single source of data and customized reports.  Standardized HR, financial and operational information.  Ease of access, sharing and reliability of information and communication between different departments.  Speed up operation process, reduce Inventory and unnecessary expenses.  Quick analysis, planning and decision making process for increased productivity and future improvement A real-time system.  Adopt a set of “best practices” for carrying out all business processes. External Benefits-   Faster customer service, client satisfaction and order fulfillment   Improved communication with […]

Reasons you should choose Pryce ERP

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  Pryce ERP is an enterprise resource planning (ERP) solution designed for midsize to large enterprises in a wide range of industries, including retail, construction, manufacturing, education, HR management and professional services among others. Pryce presents you comprehensive & leading-edge business solutions for amplification and further growth of your business. Reasons to choose Pryce ERP- Pryce ERP is a comprehensive system encompassing all business obligations of an enterprise.  Every Module is designed especially to fit the enterprise’s business processes.  Dynamic Dashboards and ERP productivity features including Email, Calendar, Tasks, etc.  Consolidation of Data in Real time  Inbuilt Workflow Management System  Biometric Attendance hardware fully integrated with ERP functionality  Inbuilt innovative Document Management System  Integrated Business Intelligence  Multi-Lingual, Multi-Tenant, Multi-Brands, Multi-Currency, Multi-Units of Measurement (UoM) schema.  Highly Scalable with numerous add-ons  Can be accessed through Desktop, Web & Mobile  Strong user role-based security features  Highly customizable. Easy to set up customer […]