Benefits Of ERP Software Implementation

It needs no validation or proof that an integrated ERP software has positive impacts on all areas of business ( to all stakeholders in their own meaningful way). For large and profitable businesses ERP software is more than a bare necessity because of the enormous amount of information coming in and out of the business; for them it is next to impossible to effectively or profitably manage their business without an integrated system like ERP in place.

An ERP software eases job of all stake holders in the organization – be it top management, senior managers, supervisors or grass root level white collar employees and  improves their efficiency and productivity; be it in production, finance, accounts, logistics, inventory or any other areas that are covered by the ERP software.

Here are some typical benefits that all organization irrespective of their size and vertical reap when they choose to implement an integrated software like ERP.

Benefits of ERP Software to Top Management

1. Management have quick access to consolidated and meaningful information in form of reports, charts and graphs. Coupled with their vast experience, these data driven reports allow them to quickly do SWOT analysis of the business and steer the business towards the path to profitability.
2. ERP software also helps in digging deep into problematic area via its drill down tools in business reports, and then developing a corrective action plan to to weed out the problem.
3. With an ERP software it is easy to monitor business improvement plans or corrective action plans on a continual basis, by comparing the past records and latest data.
4. ERP systems also help companies to bring transparency in transactions, accounts and finance as the business information is available to top authorities without any barrier.

Benefits of ERP Software to Managers and supervisors

1. Information in an ERP software is fetched through forms in a predefined and valid format which none can amend on his own. Information once fed is automatically propagated and made available to other areas of business – thus reducing the burden of multiple data entry points and also minimizing the human errors.
2. Although senior and mid level managers are required to focus on the growth of team and what if analysis; Practically they have to spend most of their time gathering data and preparing reports for the management at frequent intervals. If an ERP software is in place, managers do not have to burn midnight oil doing mundane work of collecting data and preparing reports.
3. As data is coming from one single database, the chances of mathematical errors in reports are negligible. Whatever errors can creep can occur due to some wrong information entered at the data entry level – which can be cross checked and amended.

Benefits of ERP Software to grass root level employees

1. Employee get latest technology to work with which eases their job and make them feel good. The feel good factors improves employee engagement which has many inherent benefits.
2. ERP software also frees up employees from certain data entry – data collection related works, enabling them further to focus on productive jobs rather than meddling with documentation.
3. ERP lowers the risk and responsibility of the employees, as far as getting or feeding business information is concerned. It set processes with very low tolerance that ensures that human errors are minimized thus lowering accountability of certain tasks on employees.

Benefits of ERP Software to IT Department

1. After implementation of ERP, IT Department no longer need to manage multiple software. All they have to ensure that ERP system – software and hardware is in place.
2. Once you buy an ERP the vendor is responsible for maintaining the software, reducing burden on IT Department. Also good ERP vendors keep upgrading their software with new functionality, modules, Bolton etc. which ensures that the ERP software is in tandem with latest business needs.
3. ERP software have lots of security and access control mechanisms, thus IT Managers don’t have to worry about the security issues like unauthorized access, data theft etc.
4. ERP software allows for automated backup processes or at the most one button click to take a backup. These backups are stored in secured storage devices. In case of crashes, virus attacks or any other emergency, ERP software acts as a safeguards against these type of losses.

View Demo a global ERP Software

Eastern Software Solutions’s ebizframe ERP software is used in 25+ countries by 1300+ customers in many industry verticals. ebizframe ERP system is comprehensive software with more than 8 core modules and many other industry specific modules. To know more about benefits of ERP software or to view the demo of ebizframe ERP system please contact marketing@essindia.com.