ERP Software and Their Functions

Enterprise resource planning (ERP) is business process management software that allows a company  to use a channel of integrated applications. ERP manage the business and automate many back office works related to services , technology and human resources. ERP software integrates all Business operation at one place, including product planning, cost, organizing, manufacturing, development, selling and marketing, shipping payment and inventory management under one pipeline. ERP is provide an detailed view of main business processes, often in real time, using generic databases maintain by a database management system. ERP channel track business instrument cash, raw materials, production efficiency and the situation of business commitments orders, purchase orders and payroll.

Enterprise resource planning systems  typically include the following characteristics:

            ·        A generic database that supports all applications

            ·        A relevant look and feel across the modules

            ·        Installation of the channel with elaborate application/data integration by the Information Technology (IT) sector, provides the implementation is not done in low steps

An ERP system covers the following general functional areas. In many ERP systems these are called and classified together as ERP module

·        Financial Accounting: General ledger, fixed asset,  cash management, financial consolidation

·        Management Accounting: Budget, cost, activity based cost and cost management

·        Human Resources Process: Recruiting, training, payroll and benefits

·        Project Management: Project planning, resource planning, billing, time and expense, performance units, activity management

·        Data Services: different interface customers, suppliers or employees

Customer Relationship Management: Sales & Marketing, services, client or customer contact, call canter support. CRM is not always considered part of ERP but rather business system