In the past decades, Information Technology has brought in radical changes in the world. From a mere business assistant, it has became a core business need of today. ERP – Enterprise Resource Planning has evolved from 70’s MRP – Material Resource Planning for manufacturing industry to enterprise wide automation and integration system catering all business verticals. There are many success stories where in a business has reported exponential growth post ERP implementation.
Organizations are investing huge amounts in implementing ERP solutions. It could be rightly said that companies are running their business with the help of ERP. With the implementation of ERP, different units and departments of the organization, physically separated, are integrated virtually with one common central database. It eases the company management by providing overall picture of the company performance and helps them in making better decisions.
All the veteran and classic technologies are being kicked off by the ERP. It has forced SME’s [Small and Medium sized Enterprises] to come forward and adopt the new technology of ERP. Among different ERP packages, SAP Business One is the package that exclusively targets almost all requirements of SME’s.
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People often wonder as how one package caters the need of all organizations. How does it provide solution to every business need? How to deploy robust, cost effective and reliable ERP solutions? The answer to all these queries is here.
Lets have the basic understanding of the ERP. ERP is not a simple software. Rather its a integrated unit of interactive small components that caters the need of organization’s unit. Thus virtually centralizing the business process reducing time delay and increasing productivity. The robust architecture of an ERP helps the management to view and analyze the data across all units without any hindrance in information flow across the unit boundaries and providing optimized business solutions
SAP enjoys the giant share of approximate 60% in the ERP market. Its ability to cater the core business requirements of an organization along with an ease to adapt to continuously changing business and software requirements. It provides the organization dashboard enriched with user interface elements that presents management with the enterprise-wide performance. This has led to increase in overall operational efficiency and profit margins. As told earlier, SAP Business One is one such package targeting SME’s. It provides effective solution to core business functionalities. The various integrated modules – Financial s, CRM [Customer Relationship Management], Supply Chain Management, Human Resource, Manufacturing and Product planning, Warehouse management, Decision Support System [DSS] caters to almost all of the organizational needs. It helps to integrate system wide information at central level and also helps in improving inter department operational functionality.
