Enterprise Resource Planning as an aid to Business Intellect

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Enterprise Resource Planning, (E.R.P.), is a business management software. With this software, an organization can integrate its various functions into a complete system in order to manage the business effectively. This is achieved by automating many back office functions such as technology, services and human resources.With this software, the business intellect of an organization is improved.

The organization with the use of this database application can now plan its products better, develop and manufacture better products, and improve its sales and marketing.The resources of an organization is better managed with the use of this business management software. This translates to reduced cost and increased productivity.

Every data pertaining to an organization’s customers and suppliers is integrated with logistics, financial and human resources. Thereby increasing the business intellect of the organization as one business solution addresses the information needs of the entire organization.The way Enterprise Resource Planning software is modeled allows the functions of the enterprise to be shared on a central database. Business intellect is thereby improved as a result of the following features of the Enterprise Resource Planning software.

Enterprise Resource Planning business intellect

DATABASE CREATION

The software allows for the creation of a database for everything an organization needs. If a record of staff attendance is needed, a database will be created for staff attendance.

This feature of database creation has helped increase the business intellect of an organization as they have a database for every aspect of the organization. It has helped the human resources department have a better control of staff payroll, personal development, personnel management, time management and organization management. This has helped in ensuring that the staff of an organization are well taken care of and their needs met at the appropriate time.

Business intellect

GOOD IMAGING

This particular feature offers an organization the possibility of having an image of any document that has been stored in the database of the software. If for instance a purchase order that was used in the past is required, the image of the purchase order can be displayed. The same applies to quotations, contracts, drawings or any other document. The Finance Department is one of the departments to enjoy the benefits of this feature.

INFORMATION ACCESSIBILITY

Information is necessary to make a good management decision. In the past, decision making takes some time as an organization’s management wait until they receive information from the Information Department before they can begin the decision making process. This challenge has been addressed with this feature of the Enterprise Resource Planning software. Business intellect has been improved as information is readily extracted from the software without waiting for the Department of Information.

ELECTRONIC DATA INTERCHANGE

This feature saves an organization time and money. Instead of physically moving from one point to another, this feature has made it easy to transfer data from one point to another. Unlike in the past when customers’ orders were physically sent to them, this feature has made it possible to electronically send a customers’ order to them. This has helped save an organization the cost of making use of a courier for instance. Every organization has its unique way of working which is why the business intellect has improved with this feature.

Business Intellect in ERP

OPTION OF VARIETY

The Enterprise Resource Planning software has helped organization’s achieve the process of integrating the various functions of the organization through this feature. This feature also helps an organization to compete globally with its multi-lingual and multi-currency capabilities. A purchase order can be converted from one currency to another as long as the exchange rate has been established on the software. The business intellect has improved with this feature that has multi-mode manufacturing and multi-facility option.

All the functions of an organization has been taken care of by the Enterprise Resource Planning software. With the solution it has provided, the business intellect of an organization has been greatly improved. Now all the aspects of an organization’s business is store in a central database. With all the information pertaining to the finance department, human resource department, manufacturing, customer service, inventory and suppliers are easily managed. Each of the features listed cover all of these.This advanced offering has helped in the reduction of cost which in turn makes this the main aim of using the Enterprise Resource Planning software. All in all, the business intellect of an organization has been greatly improved with these features offered by the Enterprise Resource Planning software.

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