A system needs to be put in place to account for customer order, manufacturing and shipping in any successful business organization. Now you may be wondering why you need a software to handle all these yet you can just add subtract and do long division on paper until everything balances out this system may be passing off as an accountability system but why shouldn't you go for an integrated computerized analytics system used to manage internal and external resources, these include tangible, financial and human resource assets.
Basically an ERP system is a management based innovation using both traditional into a logically integrated system that surpasses the limit points of flow of information across the stated functions above
Advantages of a successful implemented ERP system
Improved Data Accuracy
since the system has different modules which require to be filled when one segment is filled such as receiving Live stock feed, it automatically updates other modules such as account payable or inventory which is a real time update.
Improved Planning
The planning engine with tools such as human resource center, time sheet and scheduling helps in managing your employees much better, delegation of work and keeping tabs of projects