- October 9, 2019
- Posted by: admin
Enterprise resource planning (ERP)
Enterprise resource planning (ERP) is the integrated management of main business processes, often in real-time and mediated by software and technology.
ERP is usually referred to as a category of business management software — typically a suite of integrated applications—that an organization can use to collect, store, manage and interpret data from these many business activities.
The ERP system integrates varied organizational systems and facilitates error-free transactions and production, thereby enhancing the organization’s efficiency.
However, developing an ERP system differs from traditional system development. ERP systems run on a variety of computer hardware and network configurations, typically using a database as an information repository.
Our ERP services cover the following functional areas:
Financial accounting: general ledger, fixed assets, payables including vouchering, matching and payment, receivables and collections, cash management, financial consolidation
Management accounting: budgeting, costing, cost management, activity-based costing
Human resources: recruiting, training, rostering, payroll, benefits, retirement and pension plans, diversity management, retirement, separation.
Manufacturing: Engineering, bill of materials, work orders, scheduling, capacity, workflow management, quality control, manufacturing process, manufacturing projects, manufacturing flow, product life cycle management.
Order processing: order to cash, order entry, credit checking, pricing, available to promise, inventory, shipping, sales analysis and reporting, sales commissioning.
Supply chain management: supply chain planning, supplier scheduling, product configurator, order to cash, purchasing, inventory, claim processing, and warehousing (receiving, put away, picking and packing).
Project management: project planning, resource planning, project costing, work breakdown structure, billing, time and expense, performance units, activity management.
Customer relationship management (CRM): sales and marketing, commissions, service, customer contact, call center support – CRM systems are not always considered part of ERP systems but rather business support systems (BSS).
Data services: various “self–service” interfaces for customers, suppliers and/or employees.