ERP Solutions & Benefits

ERP Solutions

Enterprise Resource Planning (ERP) is business management software that allows an organization to use a system of integrated applications to manage the business. ERP integrates internal and external management information across an entire organization embracing finance/accounting, manufacturing, sales and service, customer relationship management, marketing, etc.

An ERP system automates this activity with an integrated software application. Its purpose is to facilitate the flow of information between all business functions inside the boundaries of the organization and manage the connections to outside stakeholders.

Benefits

• ERP software can be used for all department in organization
• ERP system has various modules like Finance/ Accounts, HR Management, Manufacturing, Marketing, Warehouse Management, CRM, Project Management, etc
• Single reporting system to analyze the statistics/ numbers etc in real time
• ERP system can extend to provide Business Intelligence functionalities by vendors
• Common database for all applications
• ERP system has drag-and-drop dashboard design
• Advanced e-Commerce integration is available in ERP
• Improved workflow and efficiency
• Helps for better decision-making, faster response time to customer queries, etc.
• ERP system makes order tracking, inventory tracking, revenue tracking and related activities easier
• Improves the productivity
• Faster access to data for timely decisions
• High saving on products & services purchased
• Bulk e-mailing
• Inventory reduction
• Lead time reduction
• Reduces the risk
• Improves financial management
• Provides a consolidated picture of sale
• Building the corporate image
• High customer satisfaction
• Pre-build reporting & custom reporting
• Saves time & efforts in data entry

Oracle ERPs Vs Microsoft ERPs

Oracle & Microsoft are leading companies in the domain of ERP system who provide application software for diverse segments. Looking at Microsoft ERP system in par with that of Oracle;

Microsoft ERP

Microsoft ERPs are one of the most implemented application software & are very user-friendly. With such an established brand, companies do not see the risk of implementing a new solution. It is helpful in enhancing customer relationship management, supply chain and for making financial decisions. Microsoft ERPs are helpful in integration offering solutions for successful business management therefore making it easy for people to take rapid decisions.

Microsoft Dynamics ERPs includes the following products:

• Microsoft Dynamics GP  (formerly Great Plains)
• Microsoft Dynamics AX (formerly Axapta)
• Microsoft Dynamics NAV (formerly Navision)
• Microsoft Dynamics SL (formerly Solomon)
• Microsoft Dynamics C5 (formerly Concorde C5)

Some of the key features for Microsoft ERP

1. Microsoft ERP software comes with high performance and security; and can scale with the business.
2. ERP is authenticated at windows level.
3. Some of its software allows heavy data transfer and recovery.
4. Real time data is accessible.
5. Microsoft ERP can be used for multi-location, world spread offices and intercompany transfer.
6. Automated processing of business and flexible modules, which can be easily customized to meet with the needs of each and every company.
7. There is a role based user interface and Microsoft office tools can be easily used along with this solution.
8. With the help of share point portals the software can be shared. 

Oracle ERP

Oracle offers ERP solutions to its customers in the area of customer relationship, database, and resource planning and supply management. Success of Oracle ERPs can be attributed to the close alignment of customers with fast implementation, higher quality, and lower cost of ownership.

Following are the Oracle ERPs

• Oracle EBS ERP
• Oracle CRM – Sales
• Oracle Financials
• Oracle HRMS
• Oracle Mobile Supply Chain Applications
• Oracle Order Management
• Oracle Procurement
• Oracle Project Portfolio Management
• Oracle Quotes
• Oracle Transportation Management
• Oracle Warehouse Management Systems
• Oracle Inventory
• Oracle Enterprise Asset Management

Some of the key features for Oracle ERP

1. Provides access to a wider pool of effective talent.
2. Leverages world-wide best practices for organization.
3. Predictable service level to customers for better satisfaction.
4. Oracle Application can be designed for purposes of using it on internet.
5. Database in Oracle is highly secured and cannot be broken easily.
6. Easily customizable and adoptable as per the legal standards.

Top ERP Solution Providers

• Microsoft
• Oracle
• Infor
• SAP
• Sage
• Salesforce

Top ERP Implementation Providers

• Icreon
• iGate
• Accenture
• TGI Ltd
• ZSL Inc
• PWC
• TI Infotech
• Ignify
• Rolta
• Hexaware