Enterprise Resource Planning (ERP) is software that used in business enterprise to integrate all functional areas of the organization. Like, Operation process, Production, inventory management, supply, storage and shipping. The ERP system is a software application that popular for the business management and other business activities.
Enterprise resource planning software is becoming popular in 1990 but decline in 2000 because of changes in the some factors. Initially IFAS ERP system focuses on automated back office work which directly not affect the any public. Front office work and eBusiness system such as e-government, e-commerce, e-finance, SRM (Supplier relationship management) involves later.
Enterprise Resource Planning Software connects to real time data and transaction data in different ways. Such as Direct integration, data integration, Enterprise appliance transaction modules (EATM), Custom integration solution.
ERP Treds: Followings are Enterprise Resource Planning Trend
The ERP system is constantly evolving now a days. It has changed the working process of the business enterprise and make simple them. It will help in take decision related to the whole business. It includes every area of the organization.
1. Mobile ERP:
Mobile ERP enables executives and employees to access real time information. In mobile ERP employees have the freedom to bring their own devices at work and company should take advantage from it. A business will use mobile Erp for reports, admin decision and conduct key business process.
2. Social ERP:
Certainly, vendors have been quick to seize the initiative, adding social media packages to their ERP systems with much fanfare. But some wonder if there is really much gain to be had by integrating social media with ERP.
3. Cloud ERP:
Cloud ERP is very popular now a days because the feature of user friendliness and outsourcing the infrastructure to support ERP. Cloud ERP is not beneficial for every business organization. In this system business potentially move sensitive data beyond the safety of business’s four walls.
4. Two-tier ERP:
Two-tier ERP system is something like when ERP system is failing to attend or integrate all aspects of the business organization than the company can change in strategy adopting two tiers of ERP.
ERP Vendors: Following are Enterprise Resource Planning Vendors
You can find lots of ERP software in the market on the basis of the size of your business, budget, functionality etc.
– Large Enterprise ERP:
The large enterprise market is dominated by the biggest companies. For Example, Microsoft.
– Medium Enterprise ERP:
The medium enterprise market consists of Epicor, Sage and IFS.
– Small Enterprise ERP:
The small business ERP software vendor are as Exact Globe, Syspro etc.
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