ERP systems for small and medium-sized businesses

What is an ERP system

Enterprise Resource Planning (ERP) is software used by the business community to collect, interpret, store and centrally manage business activities. ERP can be considered as an enterprise-wide information system that helps a company integrate every aspect of its operations into the overall concept of business development. ERP systems, starting from the management of human resources and ending with sales and distribution of the company's products, help organizations to use their resources in an organized, efficient manner with maximum profitability.

Modern ERPs comprehensively support such aspects of company activity as:

production, trade, warehouse management, inventory, stocks, costing, distribution, logistics, delivery, service, budgets, finance, costs, procurement, invoicing, accounting and tax accounting, personnel, etc.

ERP is organized to use a centralized database and a common computing platform to keep the entire enterprise management structure in sync. Thanks to such integration, companies receive advantages such as having objective information about all divisions, quick response to changes and making management decisions by minimizing errors. ERP implementation reduces costs and increases profits for companies, so it is seen as a key element in business development. ERP implementation requires drastic changes in work processes and personnel practices, and software consulting, customization and support services are used to implement these changes. ERP implementation time for a specific company depends on various factors, including the size of the organization, the number of system modules and the readiness of the owners for such changes. ERP implementation projects can be implemented in stages and a typical project takes from 2 to 14 months, and depending on the complexity of business processes, from 1 to 50 consultants. The peculiarity of the implementation and use of ERP systems is that they require interested owners-managers of the company where they are implemented and a qualified integrator team.

Which ERP to choose for yourself:

choose the processes necessary for your business

How to optimize a clothing manufacturing business

How to Optimize Your Apparel Manufacturing Business Like any business, the apparel industry has its pitfalls and challenges. Managing multiple...

Financial data analysis software

Financial Analysis Software So you're considering investing in budgeting and planning software that will help you…

How long does it take to implement ERP?

How long does it take to implement ERP ERP implementation is a complex process that requires a lot of work and a lot of ...
Say goodbye to Russian software
Microsoft Business Central for small and medium-sized businesses
en_USEN