The ERP system you choose will be with your business in one way or another for years to come and will have a big impact on how you do business. Getting a deeper understanding of how ERP solutions can transform your business, helps to get a better sense of what ERP actually is and how it works. Here’s a brief introduction to ERP and why it seems like everyone’s talking about it.
ERP is an acronym for Enterprise Resource Planning, but even its full name doesn’t shed much light on what ERP is or what it does. Examples of ERP are essential to running a business, including inventory and order management, accounting, human resources, customer relationship management (CRM), and beyond. ERP software integrates these various functions into one complete system to streamline processes and information across the entire organization.
According to Aberdeen Group investing in ERP provides accurate, real-time information about the day-to-day operations of a company allows for faster, smarter decision making, resulting in a 23% reduction in operational costs, and a 22% reduction in administration costs. More companies are turning to the use of enterprise platforms to streamline their business processes, increase productivity, and decrease costs, they look and consult ERP Enterprise, ERP Guide and ERP Articles. ERP solutions are great, but successful implementation requires careful thought, consideration and engagement from all stakeholders. This article discusses examples for ERP solution.
Epicor ERP 10
Epicor’s flexible collection of ERP tools can be deployed on company computers, in the cloud or on an external server. This platform highlights collaboration by allowing users to access data from different devices. A 2014 Forrestor Consulting Study found that this software gave companies a 103 percent return on investment within about a year and a half. Epicore likes to call its ERP “the key to possibilities not yet imagined”
IFS World Conference. Source: moorinsightsstrategy.com
IFS Full Suite ERP
IFS, the global enterprise applications company provides software solutions that enable organizations to become more agile. Founded in 1983, IFS pioneered component-based enterprise resources planning (ERP) software with IFS Applications, now in its eighth generation. IFS’ component architecture provides solutions that are easier to implement, run, and upgrade, and that give companies the flexibility to respond quickly to market changes, new business opportunities, and new technologies.
Infor ERP SyteLine
Based in the cloud, this ERP solution can be customized for large-scale manufacturers and distributors. It’s scalable, so it easily adapts as your business grows.
Microsoft Dynamics AX 2012
International businesses will find Microsoft’s ERP solution useful for most of their departments. The software is powerful and easy to implement, improving its value for driving organization and productivity. Microsoft Dynamics is mostly focused on Tier II clients in the ERP space. It provides solutions in a number of different business domains including in the Customer Relationship Management domain. A great advantage of Microsoft products is its great ease of use. This holds for its ERP products as well.
Oracle JD Edwards EnterpriseOne
Oracle’s most recent product is ideal for corporations seeking a financially focused ERP solution. This ERP automates a majority of a company’s accounting, whether for small projects or overall evaluation. EnterpriseOne helps businesses amplify their financial success.
Sage ERP X3
For small-to-mid sized companies, Sage ERP X3 improves productivity within fundamental business systems. The software has complete mobile capability, making it ideal for use in a flexible corporate environment. Like many other companies in the ERP space, Sage has grown by a number of acquisitions and says that ‘acquisitions are part of its DNA’. The cross pollination of DNA appears to have been very successful given the rate of growth Sage has been seeing.
SAP Business ByDesign
Another cloud-based ERP tool, SAP Business By Design can manage any facet of a corporation with around-the-clock availability. While it is an undisputed number one in the Tier I ERP space, SAP has been criticized at times for being too complex and difficult to handle. If you are a small or medium company, this solution is probably more than what your company needs or could potentially handle.
Completely customizable, SYSPRO 7 can be incorporated into any company’s system management. Whether your needs are based on financials, customer service, sales, distribution or manufacturing, you can personalize SYSPRO 7 for your company.
The QAD website shows a chain with the logo of the cloud forming one of the links so we have an idea what is on the company’s mind. The QAD Enterprise Application is designed to make it easy for first time ERP users to begin using an ERP in their company with the least amount of migration problems. The company supports and engages with its customers to ensure that the return on investment is obtained rapidly.
Deriving its name from ‘consonance with the customer’, Consona is active in ERP, CRM, knowledge management and other related fields. The company is privately held and has grown by acquiring a number of specialist ERP companies. If you are doing business in a niche area where Consona has a focus, you may just be lucky. No one else we know is offering an ERP solution tailored to printed circuit board manufacturers or to metal wire and cable manufactures. A solution as focused as this is bound to be better than a generic ERP when put to use in one of those industries.
ThunderQuote is the most comprehensive business services portal in Singapore, Australia and ASEAN , where hundreds of thousands of dollars of procurement contracts are sourced every month by major companies like Singapore Press Holdings, National Trade Union Congress and more.