There are no perfect ERP applications that can provide tools addressing the different requirements of a company. In other words, companies would not get a one-stop, out of the box solution for their ERP requirements. What they should do is to carefully assess the different ERP packages offered by vendors. This will enable companies to match the ERP tools offered by vendors with their specific organizational needs.
The most common ERP tools that are usually being used by small and medium sized companies are applications that can integrate human resources databases with that of corporate financial and accounting. This will unify personnel services with payroll management, benefits packages, and corporate compensation ranking system. Another ERP tool that is commonly used by an enterprise covers manufacturing aspects such as production, supplies and inventories, deliveries, and reporting. These areas will be greatly improved if its databases and processes could be integrated into a single applications system. Management therefore of the core business processes such as manufacturing will be enhanced and operations could be made efficient.
ERP software must also provide additional tools that will greatly ease its utility. A good ERP tool is the increased ability of the application to access the web for greater intelligence and data gathering needed in some company operation. This web interfacing could also make the ERP application flexible because reporting tools and utilities can be accessed and used by the companys detached units or departments. It will definitely increase integration of the different company business units and processes.