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--- products:ict:erp-crm-scm:erp_benefits [2022/12/01 02:07] – wikiadmin
+++ products:ict:erp-crm-scm:erp_benefits [2023/11/25 12:07] (current) – wikiadmin
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 ====== Benefis of ERP systems by Applied Technology Research Center. ======
+Short URL for this page : https://shorturl.at/blAFL
+Reasons to use our ERP video
+http://atrc.net.pk/videos/erp/erp%20benefits%20longer%20video%20-%20english%20-%2025%20nov%202023-1.mp4
+Short URL for the video https://shorturl.at/orAH7
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 An ERP system is an integrated solution, sharing a centralized database, with all ‘users’…. Human Resources/Payroll/Benefits, E-procurement, Accounting, Budgets, etc …. being served by the same database through one point of entry.
+ERP, or Enterprise Resource Planning, is a software system that integrates various business functions and processes into a single platform. Some benefits of implementing an ERP system include:
+Improved efficiency and productivity: An ERP system can automate many business processes, reducing the time and effort required to perform them. This can lead to increased efficiency and productivity.
+Enhanced data accuracy and visibility: An ERP system can provide real-time data on various business processes, enabling managers to make informed decisions based on accurate and up-to-date information.
+Better collaboration and communication: An ERP system can streamline communication and collaboration among different departments and teams, reducing the likelihood of miscommunication and ensuring that everyone is working towards common goals.
+Improved customer service: An ERP system can provide better customer service by enabling employees to access customer information quickly and easily, allowing them to respond to customer inquiries and requests more efficiently.
+Reduced operational costs: By automating many business processes, an ERP system can help reduce operational costs associated with manual tasks, such as data entry and record keeping.
+Better supply chain management: An ERP system can provide greater visibility into the supply chain, enabling companies to manage inventory levels, track shipments, and respond to changes in demand more effectively.
+Overall, an ERP system can help companies streamline their business processes, improve efficiency, and reduce costs, leading to greater competitiveness and profitability.
 Data need only be entered or updated once, reducing errors, time and labor for reports, analysis, planning and program management.
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 The important thing is not to focus on how long it will take—real transformational ERP efforts usually run between one and three years, on average—but rather to understand why you need it and how you will use it to improve your business.
 Will ERP fix my integration problems?
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 ERP systems facilitating operational coordination across functional departments.
 ERP systems also benefit strategic planning and manegment control one way or other.