An ERP system (Enterprise Resource Planning) covers common functional areas within a business. Each area provides a distinct specialist service and outcomes yet they all have and share core reference data such as people, departments, clients and suppliers in common. An ERP system tends to group these as ERP apps or modules:
- Financial accounting: general ledger, fixed assets, payables , reconciliation, receivables and collections, cash management, financial consolidation
- Management accounting: budgeting, costing, cost management, activity based costing
- Human resources (HR): recruiting, training, rostering, payroll, benefits, retirement and pension plans, diversity management, retirement, separation
- Manufacturing: engineering, bill of materials, work orders, scheduling, capacity, workflow management, quality control, manufacturing process, manufacturing projects, manufacturing flow,product life cycle management
- Order processing: order to cash, order entry, credit checking, pricing, available to promise, inventory, shipping, sales analysis and reporting, sales commissioning
- Supply chain management (SCM): supply chain planning, supplier scheduling, product configurator, order to cash, purchasing, inventory, claim processing, warehousing (receiving, putaway, pickingand packing)
- Project management: project planning, resource planning, project costing, work breakdown structure, billing, time and expense, performance units, activity management
- Customer relationship management (CRM): sales and marketing, commissions, service, customer contact, call center support – CRM systems are not always considered part of ERP systems but rather business support systems (BSS)
- Data services : various “self–service” interfaces for customers, suppliers and/or employees
We support and implement cloud based and on premise ERP via an all-in-one business software which includes CRM, website/e-commerce, billing, accounting, manufacturing, warehouse, project management, and inventory.
There are literally dozens of additional Apps or Modules in the marketplace some for sale and others that can be downloaded for free.