By “CA Rajesh Powal”
Enterprise Resource Planning(ERP) is a business system that enables organizations to manage and track business data, that works with various functional modules such as Order Management, Inventory Management, Financial Management, Human Resource Management and many other modules. Finding the right business ERP is one of the biggest challenges for a growing business.
You have to keep in mind that each and every business has their own unique needs, so it’s very difficult to find a single business ERP solution that could work for all types of business. You need to find a business ERP software solution that can grow with your business.
ERP implementation is a time-consuming affair. Businesses today need to use a system that is scalable, flexible, and can be customized. Often business start with ERP which is easy & quick to implement , such ERP helps in short term when business operations are at low level but as soon as business scale , ERP system cannot handle large volume of data and management struggles with productivity issues and availability of quality of information in timely manner. Undertaking or changing ERP every few years becomes a norm , if business does not carefully plan & select right ERP taking into account their next level growth.
SAP is one of most popular ERP in world SAP’s stands for ‘Systems Applications and Products’. It helps business to manage high volume data with each and its cross module integration enable in access the quality data and also in easing out everyday business growth functions.
The basic fundamental idea behind implementing SAP ERP is to provide a business software that can help business owners to survive in this competitive and growing environment by enhancing productivity of employees and quality of information’s.
This ERP solution can be the future of your business. There are various advantages of using SAP such as :
- Managing large volume of data
- Eliminating data redundancy
- Cross module integration
- Automated accounting from integrated business process initiated by procurement , sales and production department
- Manage audit trail which is now one of legal requirement for accounting software’s in India.
- Robust access management and users role , management giving only desired access to end users.
While SAP ERP itself offers functionalities desired by businesses in standard offering, the ERP is customizable and additional modules / functionalities depending on needs to users can be built without affecting standard code of delivered product. This helps in maintaining integrity of software.
With the best use of SAP, it becomes a true intangible asset of company helping growing business avoid frequent ERP failures and selecting & implementing new ERP at each level of next growth thereby saving efforts & money.
To make the most of SAP, it’s important to understand the business processes of a company and how SAP can help make those processes more efficient with the help of experts. The decision business make to select ERP has a significant impact on the efficiency and productivity. It is crucial to choose the system that is best suited for your company’s needs.
