Enterprise Resource Planning
Enterprise resource planning (ERP) is business process management software that allows an organization to use a system of integrated applications to manage the business and automate many back office functions related to technology, services and human resources. To manage different departments and processes is one of the biggest challenges for companies. One option for those looking for solutions in the area is to shift ERP management system. Its need of time to immediately switch their important data from manual storage to cloud technology. In order to save it from any big loss.
Main Components Of ERP
ERP stand for enterprise resources planning Erp software help to implement all functions of company and it give you to plan track and utilise all business resources of company. You can manage the company through ERP system by reporting collecting organising all business activities.
- Financial Accounting
- Manufacture and Distribution
- Customer Relationship Management
- Human Resources with Payroll features
- Stock and Sales figures
- Manufacturing Resource Planning
- Purchasing
- Inventory Management
- Material Planning
- Invoice Verification
- Material Requirement Planning (MRP)
- Warehouse Management
- Vendor Valuation