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What is ERP?
ERP stands for Enterprise Resource Planning and is an information system by which a company
integrates all of its business processes into a single database, including, but not limited to, financials,
supply chain management, customer relationship management, manufacturing, and distribution. ERP's
main goal is to integrate data and processes from all areas of an organization and unify it for easy access
and work flow.
The term ERP is most commonly used to describe software that can manage all of these processes, and
an ERP software solution is the glue that holds together a large organization, increasing communication
and the sharing of information throughout the entire company. Because all of the data necessary for
running the business is stored in the same database, the information is reliable, accurate, and accessible
in real-time. For example, when an item is purchased and received into inventory, the manufacturing
department is able to immediately see the receipt and use that inventory for the work orders that are waiting
for it.
In the past, ERP systems were used in larger, more industrial types of companies. However, the use of
ERP has changed to be extremely comprehensive. Today, the term can refer to any type of company, no
matter what industry it falls in. In fact, ERP systems are now used in almost any type of organization –
large or small.
What are the Benefits of an ERP System?
- System-wide integration.
- Reduced operating costs.
- "Big picture" reporting facilitates day to day management and strategic planning.
- Timely and accurate information retrieval across departments.
- Increased productivity and efficiency due to streamlined operations.
- Auditable transactions to increase accountability.
- Improved quality of service to customers, increasing their loyalty.
- Eliminate redundant data entry processes.
- Increased supply chain efficiency.
- Reduced inventory costs due to detailed planning and tracking.
Small and midsized businesses now have a completely integrated ERP solution that's affordable, easy to
implement, and easy to use. Call us 727-538-2250 or fill out our online form for more information on how NDS Systems ERP Solutions can integrate your business processes.
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