You’ve heard the term ERP being thrown around boardrooms, in almost every article on business management and even in casual water-cooler chatter; but what exactly is ERP and should you care? Let’s break it down:
Definition of ERP
ERP is an abbreviation that stands for Enterprise Resource Planning. There are many variations of its definition, but this is its simplest form:
Think about all the core processes that you need in order to effectively run an SME; finance, HR, manufacturing, supply chain, inventory, services, procurement, CRM, and more. At its most basic level, ERP integrates all these processes into a single system, meaning that your job is simplified, streamlined and accurate. Sounds fantastic, right?
What does ERP give you?
It is important to differentiate between accounting software and ERP. ERP systems give you the greatest overall visibility and control over your business, your processes and your operations. They provide visibility, analytics, and efficiency across every aspect of your business. Using the latest technologies, ERP systems facilitate the flow of real-time information across departments. This means you can make accurate, data-driven decisions and manage performance – all in real time!
SAP Business One Petrow Foods
Why SAP Business One for your ERP of choice?
SAP Business One is a leading ERP solution within the South African small-to-medium enterprise market. Built from the ground up from technology giant, SAP, SMEs now have large enterprise functionality tailored to small business needs and budgets. SAP Business One utilises some of the latest IT technology available – such as in-memory computing, Big Data analytics, cloud, enterprise mobility, and the Internet of Things (IoT) – to help our customers run real-time, digital businesses. SAP Business One integrates all your key operational, financial and customer-centric divisions from production through to sales and service, enabling them to operate more efficiently.
Isn’t it too costly for an SME?
You’d think so, but Bluekey Seidor can implement an ERP system in a business of any size – tailoring it to very specific needs and budgets. Besides, the initial outlay isn’t as large as you might imagine. The rewards you’ll get once SAP Business One has been implemented will more than outweigh the investment.
We’ll be posting more articles about ERP’s, so make sure you keep an eye on our blog for more.