Top 14 benefits of ERP

Posted on Posted in pryce erp

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 suppliers and customers
  •   Better coordination with suppliers, vendors and warehouse staff
  •   Increased customer retention, sales and profits
  •   Edge over competitors
  •   Email / SMS Marketing
  •   Higher Return on Investment (ROI)

 

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