What Is An ERP Software?
Enterprise Resource Planning software (ERP) is a tool that uses integrated applications allowing an organisation to manage the business efficiently. The software automates many back office functions, which are related to:
- Technology
- Services
- Human resources
ERP software combines all the elements of operations in a single database, user interface, and application. It handles services like:
- Product planning
- Product development
- Product manufacturing
- Sales
- Marketing
- Finances/Accounting
- Warehouse management
- Inventory management
- Shipping management
Overall, an ERP system helps employees do their jobs more resourcefully by integrating all business units within the company. For example an ERP solution:
- Provides real-time data that employees/management can use in order to complete their jobs more efficiently
Increases financial compliance with regulatory standards and decreases risk - Automates core business operations such as lead-to-cash, order-to-fulfillment, and procure-to-pay processes
- Enhances customer service by providing one source for billing and relationship tracking.
Looking at these benefits provided by an ERP software, more particularly and cloud ERP, it is clear to see the true value it can really bring to any business, regardless of size. Employees are able to work both smarter and faster with the information provided, allowing for better decisions to be made. Not only that, but ERP software helps to eliminate redundant processes and systems, dramatically lowering the cost of doing business overall.
Who Uses ERP Software?
ERP is employed in large businesses that need a team to analyse and customise data. It also proves to be a handy tool when up-gradation and deployment of data are required.
Small to medium companies can also benefit from using ERP software for light business management. ERP software used in small/medium firms are often industry specific and are customised according to their needs.
What are the benefits of using an ERP software?
The advantages of using Enterprise Resource Planning software are many, but the ultimate benefit is that it increases the business productivity with a decrease in the overall data management cost. The primary advantages of using an ERP software in your business are:
- Efficiency: – An ERP software eliminates a lot of manual work. With this software, you no longer need to enter information into the system again and again manually. By streamlining the business process, the software makes it easy for the company to collect data from various departments.
- Accurate Forecasting: – ERP software acts as a tool for doing accurate forecasts. It helps generate realistic predictions by using the data available in the database.
- Collaboration: – Though a company has many departments, it is essential for all the departments to work as a single unit. When centralised data is fed into an ERP software, all the sectors start working together for the benefits of the company. The software also integrates all the data; hence, it helps avoid the clutter of having various databases for each department.
Apart from these, ERP does many other necessary things, and you will be happy to know that using an ERP software can save your money by cutting down administrative and operational costs.
Why should you choose Zest ERP?
Zest ERP provides the customers with multichannel solutions for all the e-commerce business. By using Zest ERP, you can increase the sales even if you don’t have the sufficient infrastructure to do it. The “Pick, Pack n Ship” feature of Zest ERP enables your company to efficiently generate shipping labels and follow your inventory from sale to shipped statuses. Apart from these, many other attractive features provided by Zest ERP are:
- Marketplaces: – Manage all your marketplace orders from Zest ERP. With this feature, you can easily follow the process of an order from start to finish with ease. We have currently integrated with eBay, Amazon, Magento and Shopify and are still in the process of adding more marketplaces!
- Accounting: – Our Accounting module allows you to keep track of all your finances. Generate key financial reports, and follow through the accounts process right up to finalising the accounts. You can even integrate with QuickBooks, or get our partnered Accounts firm to complete the accounts for you.
- Purchasing: – Zest ERP has some great tools when it comes to managing purchasing, managing incoming stock and keeping track of all your suppliers.
- CRM: – Keep track of all your customers and the number of interactions you make with each customer. Creating loyal customers has never been easier.
- Reporting: – Create key reports needed to see whether particular items are doing well, or whether your business is doing well as a whole. KPI reports can be generated in minutes to give you a quick snapshot of how your business is doing.
These are just a few of the great features offered by Zest ERP with much more on the way. Zest ERP is an up and coming ERP software, we are looking to launch by November/December 2017. If you would like to register your interest please click here, and click here to see more of our features.
Conclusion
In conclusion, it is impossible to neglect the benefits an ERP software can provide to your business. When you’re able to cut down time spent on labour intensive tasks using an ERP software, you’re able to use employees more resourcefully. Therefore you can spend more time on driving sales, and less time having to worry about not having the infrastructure to manage the increase in sales.