ERP or enterprise resource planning is simply the process of integrating all of a companys data and processes into a unified structure or system by using the latest software and hardware technologies. Its implementation can be swift. The earlier it is implemented the faster the desired results and benefits are achieved. Further, a well-implemented ERP system can basically create for a company a comprehensive efficiency across its departments, serves as a tool for better project management, and results to an improved customer service or better client relationship. Also, the use of an ERP system introduces in a company some latest technologies, which results for learnt and developed expertise in database management among its personnel.
Identifying the most suitable ERP system to implement would be a companys initial essential task. So, whether a company is yet to start on ERP or is already considering an upgrade, it is important for the company to determine first what it needs to accomplish, and how it plans to twirl the accomplished results so to make the most of it. The company must aim for a clear and realistic end. These things have to be dealt with even in the early stages of planning and decision-making because once the project is done, the company will eventually own the system and has to take on everything in it. Also, the company should remain to have control in case there is any need for some temporary assistance with the project.
A technology-based method such as an ERP system can be an advance solution for any company, particularly among large organizations, to further simply all running data and processes, and enhance competencies across various functional activities.