Benefits of using an ERP system for business

Benefits of using an ERP system for business

Although a CRM system can closely monitor the relationships between a customer and a business, how can a team ensure effective management of their functions internally? By implementing Enterprise Resource Planning (ERP) software, businesses can transform their internal requirements with increased planning and productivity.

What is an ERP?

Enterprise Resource Planning (ERP) software brings together customer management, human resource, business intelligence, financial management and supply chain capabilities into one system. It is a great tool that provides companies with competitive advantages.  ERP is often used by companies within the supply chain industries to track moving parts of the business including manufacturing and distribution. What’s more, ERP systems store all required customer data in a single database that allows departments to work together with the same information.

What are the benefits of using ERP?

ERP software offers the ability for organisations to manage business functions with a centralised and integrated system. It is an effective tool that can provide many benefits including:

  • Improved production planning and resource management: Particularly within a manufacturing capacity, an ERP system can provide an insight into all operations across a business, enabling users to optimise production schedules, resources, equipment and even supply chain relationships.
  • Simplified compliance and risk management: In large organisations, it can be challenging to keep track of all of the regulatory requirements. The majority of ERP tools are built with regulations to help businesses stay compliant at all times. It also provides effective auditing tools making it easy to prepare reports and forecasts for potential risks.
  • Better inventory management: Monitoring and controlling inventory levels is often a difficulty for most companies. ERP can simplify the process using barcoding, RFID tags and serial numbers across all products. With this process it ensures that inventory levels can be monitored at each stage.
  • Happier teams: Features of an ERP software can vary based on requirements but one benefit is entirely clear. All ERP systems are designed to improve collaboration with a centralised database for teams across all departments to access.
  • Even happier customers: ERP software is the best way to achieve client-centred goods and services. Systems can be integrated with a CRM system such as Salesforce to maximise customer satisfaction.

Need to integrate an ERP with your CRM?

Coacto are proud to be partnered with Ascent Solutions to offer effective ERP implementations to customers. Our team has helped businesses integrate ERP systems with their existing Salesforce CRM platforms. We are willing to discuss your business’ ERP requirements, please get in touch today.

Leave a Reply

Your email address will not be published. Required fields are marked *