Scope of ERP in Modern Business Organization

Success of any organization depends upon how smooth,precise and systematic working occurs between different departments within the organization. To communicate between various departments of the organization, there is a need for a platform to share the relevant & required information precisely and correctly. This need is covered and serviced by use of an ERP, which understands the functions of different departments within the organization.

ERP stands for Enterprise Resource Planning, basically, it is an integrated software which handle and manage the business & automate back office functions related to different departments. It merges an organization’s key operations including manufacturing, distribution, financial, human resource and customer relationship department into one software system.

A customized ERP designed by an ERP development company is a computerized model of your business, embodying the products and processes, information flow, procedures and relationship between function and activities. This software suites are built to collect and organize data from various levels of an Organization and process business activities across departments. A structured approach like ERP can play a significant role in making any company standardize and automate its business processes and improve the efficiency of operations.

It provide the simultaneous access to large number of authorized persons carrying out their specific operation of same set of data.

Types of ERP:

1. Industry Specific ERP: It refer to that software which is developed, customized and framed as per the needs and requirement of a particular industry., e.g., ERP software for manufacturing Industry, ERP for construction and real estate. ERP for Hospital Management.
2. Web Based ERP: A web based ERP is web enabled ERP software that has the capability of Internet access,instant reporting along with all the real time records. Every ERP development company make this software package as precise, correct and fast.
3. Small Business ERP: This software package refer to the serve the need of small business units. The organization can be small business organization.
4. Cloud ERP: This refer to the software package which is cloud based and company’s all information such as accounting,operation management, and reporting run in the cloud. Everything on cloud based platform.
5. Mobile ERP: Employees of any organization wants to access different work related informations any time anywhere so it get necessary for any businesses to adopt mobile ERP for the reports, dashboards and to conduct key business processes.
6. Two-tier ERP: Enterprises once attempted to build an all-encompassing ERP system to take care of every aspect of organizational systems. But some expensive failures have gradually brought about a change in strategy – adopting two tiers of ERP.

The author is a professional writer and has been writing on various topics related to IT industry, software, healthcare, etc. for last many years.