Improve visibility of process and results
To manage and oversee business process on a global level. This visibility can enable organizations to control working capital requirements to a great degree. Authorizing them to make quick decisions to pursue opportunities.
Integrate costs, profits and revenue information. The ability to reduce cost can be greatly enhanced if the data captured is analysed and evaluated properly.
Streamline work process, automation and reduce manual work.
Standardization of business processes
This process consistently allows a consolidated view of business across the distributed enterprise, allowing organizations to drive continuous improvements, as operations are streamlined and there is a heathy synergy between departments and functions.
Transparency and reduction in human errors due to automation and inter-company transactions.
Reduce Operating costs: ERP aides cost reduction, lower inventory control costs, lower marketing costs and provides value added tasks leading to increased margins.
Real time analysis
One of the greatest advantage of the ERP system is its real-time capabilities and ability to see what is going on with your company as it happens. It is very useful when you deal with high volume of business process.
ERP implementation may change the way people work. Top management must be proactive in explaining the reasons and how it will benefit the whole organization. A proper change of management initiative, comprehensive communication and training process can lower the risk of ERP implementation.