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ERP refers to ‘Enterprise Resource Planning’ software which integrates various functions of a business into a single unified system. A business, irrespective of size, has to deal with various function like purchase management, sales management, material management, payroll etc. Having a separate system to manage each of these functions is a nightmare. Here is why Enterprise Resource Planning (ERP) software helps the business.
Enterprise Resources Planning (ERP) systems bind various functions of the business into a single database. The following are some of the important business functions you can manage using ERP software.
Step 1: Identify the Stakeholders and Business Objectives
Step 2: Define Project scope – What, When, Who, Where and How?
Step 3: Do a Current System Study
Step 4: Customisation work, if required
Step 5: Data migration
Step 6: End Users training
Step 7: System Integration Testing (SIT)
Step 8: User Acceptance Testing (UAT)
Step 9: Go Live preparation and Live
Step 10: Post Go Live Support
By integrating various facets of the business, it optimizes the efficiency at which you manage your business and immensely contributes to profitability. The following are some of the benefits of ERP software.
Guide to Business Management Software for Start-ups & Small Businesses