123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Computers >> View Article

The Core Objectives Of The Erp Software

Profile Picture
By Author: Peter Filinovich
Total Articles: 552
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

Organizations implement Enterprise Resource Planning system to achieve the core objectives of the ERP. ERP requires a lot of investment and a successful implementation provides with lot of benefits too. The business owners implement ERP to realize the core objectives of the ERP such as streamlining the information between the various functional departments of the organization. The other objectives are getting an improved ROI or return on investment and the ERP acting as a decision support system. Organizations need to plan all the steps involved in the implementation process well in order to realize the benefits and prevent the chance of a failure.

The core objectives of the ERP are as follows:

1. Streamlining the information: ERP consists of modules that help in streamlining the flow of information between the various functional departments. The data of all the departments is in one database so as to ease information exchange. As one of the core objectives of the ERP, it integrates the data and provides for the employees to work as a team to achieve the same goal. The automation of the business process manages ...
... the resources in a better fashion.

2. Return on investment or ROI: Another one of the core objectives of the ERP is to make the business more profitable. Organizations go in for the latest technology to keep up with the competition and realize better profits. An improved return on investment is achieved with the implementation of Enterprise Resource Planning system if done in the proper manner. ERP is the ideal platform for the employees to utilize their resources and time in the most optimum way and contribute positively to the profits of the organization.

3. Decision Support System: ERP provides the management with real time data easily at any time. It is easy to access up to date data and take timely decisions. One of the core objectives of the ERP is to provide the right data at the right time so as to enable the management to take quick and correct decisions. This allows for better decision making and therefore ERP acts like a decision support system.

The core objectives of the ERP include to implement the best practices of business and to integrate the data. It aims at reducing the redundancy and the labor intensive manual processes used. This way the organization saves both time and money. It streamline the tasks and thereby increases the productivity. By eliminating the multiple systems, the organization can store and share data in a standardized way. ERP reduces the costs and the core objectives of the ERP can be only achieved if it is implemented in the right way. Communication and coordination is required for preventing delays and failures. A proper study and planning is essential to realize the core objectives. A better ROI, smooth flow of data and support for decision making can be done when the top management is actively involved in the project. Every detail right from choosing the ERP package to post implementation maintenance has to be carefully studied and planned.

Read about Infor SyteLine ERP. Also know the ERP Books. Read information about Low Cost ERP software.

Total Views: 186Word Count: 523See All articles From Author

Add Comment

Computers Articles

1. 10 Best Apps For Small Business
Author: 10 Best Apps For Small Business

2. Top Digital Marketing Trends For 2024
Author: Arvind

3. Scaling Your Business With Cloud Management Services: Best Practices
Author: shelli david

4. Full Stack Offline Training In Pune: 100% Job Guarantee
Author: atherv sir

5. Exploring The Potential Of Progressive Web Apps: An In-depth Guide
Author: Elite_m_commerce

6. Mastering Digital Marketing In 2024: Trends, Strategies, And Future Growth
Author: aarcodes marketing

7. How To Identify Scams When Buying Refurbished Laptops
Author: usedstore

8. 9 Tips To Write The Best Press Release
Author: 9 Tips To Write The Best Press Release

9. Bigcommerce Development: Custom App Development, Migrations, And Integrations
Author: Jeet Hanani

10. Find Your Perfect Gaming Gear: Discover Msi Stores Near You
Author: Prachi Grey

11. Unlocking Creativity And Productivity: The Lenovo Yoga Series In Mumbai
Author: Prachi Grey

12. Why You Should Hire A Dedicated Freelance Developer
Author: Upesto IT

13. Migrate Your Classic Storage Accounts To Azure Resource Manager By August 31, 2024
Author: Sparity

14. The Difference Between Virtualization And Cloud Computing
Author: otis

15. Cost Savings: Offshore It Staff Augmentation Explained
Author: Obii Kriationz

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: