Posted by Indusa Admin on May 18, 2015 4:48 am
Enterprise Resource Planning (ERP) is the most resilient software, with simple amalgamation tools and high levels of flexibility. It provides cross functional resource planning solutions for large and medium sized organizations that permits customers and the users of the software to work effectively, compete at a global level and manage change efficiently.
Of lately, enterprise resource planning solutions are showing up in a lot of small and medium-sized businesses. The benefits are clear. According to the Aberdeen Group’s “ERP in SME: Fueling Growth and Profit” an ERP deployment brings around 22 percent reduction in operating costs, 20 percent in administrative costs, 17 percent reduction in inventory management cost, and around the same level of improvements in both scheduled compliance and on-time delivery.
Enterprise Resource Planning Software BuyerView 2015’s study states that small businesses start considering an ERP solution because they want to improve their CRM processes. More than that, close to six out of every 10 enterprises wanted an ERP solution to integrate the data they get from other business processes, putting all of these data in one place.
The report also finds that around two of every three small businesses were first-time users of ERP solutions. Expect more small businesses to follow suit, especially those aiming to streamline a growing operation, or SMEs that want to get better value from the data they already have.
Employees and HR Staff
One area where ERP shines is in human resources. HR plays an important role in any enterprise, as it focuses on both the professional development and personal welfare of employees. But because of the large amount of information that HR has to process, most HR departments find it difficult to do their jobs.
ERP systems and modules used for HR give employees better resource management, which touches on spending accounts, payroll, benefits administration, and compensation. Then you have modules that touch on management of the workforce, including performance support, scheduling, absence handling, time, and attendance. You can also use ERP for recruitment, training, competency management, and performance management.
Tools to Fit Any Business Shape and Size
There are several tools out there that can help your company improve your ERP utilization when you plan to use it for human resources management.
It also helps you create candidate profiles you can use when you want to fill a new position from within. ERP ensures security of confidential and sensitive employee data, while also allowing you to save time in searching for specific information. Furthermore, you can use the module to track expensive equipment issued to employees such as a company car, smart phone, laptop and others.
The IT Department
For the IT department, ERP systems present both an advantage and a challenge. The ERP platform allows workers to automate tedious and repetitive work. However, properly maintaining an ERP deployment will require frequent updates, patches and debugging. Software upgrades and testing tools such as the Panaya Cloud Quality Suite can help you do away with repetitive manual testing.
Another area where ERP helps is in decision-making. Employees tasked with analyzing and making decisions will have better visibility over all the company’s data, which makes it easier to synthesize and make decisions based on information. Decision-making, strategizing and planning have never been easier.
Happy workers are productive workers, and you can use your ERP platform to ensure your employees are content and productive. From being able to match their skills to their tasks, to making their work easier and less repetitive, to giving them improved visibility, enterprise solutions can be a great way to make sure your employees can do more.
By standardizing the processes of the organization, providing visibility across the entire organization and simplifying unanimity allows for the business to operate from various locations seamlessly. By using an ERP, the businesses can be confident that their management solutions are and will remain pertinent to the needs of their employees as well as to the demands of the industry and the business organization.
Many small scale businesses can now attain optimum results. Can your business do the same?
About the Author – Neha Kumar
Neha Kumar is a digital media evangelist and marketing professional. She overlooks Indusa’s content management, social media, online events, email marketing, blogs, digital campaigns, lead generation and inside sales activities on a broader scale.