What is ERP?

ERP (Enterprise Resource Planning) is a tool specially created to make the information flow across the organization easy. This tool integrates the various operation based heads in the organization like Sales, Finance/Accounting, CRM, Production etc. So basically if you update this software at the sales end everyone would be able to see the updates and this way you don’t have any paper work left to do and you would save a lot of time everywhere.

Why ERP for Small Business?

The cost and effort that goes into implementing ERP has till now made it suitable only for the big businesses. But this does not mean that there is no use of ERP in the small businesses. In fact organized structure and planning is a need of all the businesses whether it is small or big. The model used in the ERP designed for small business is the SaaS (Software as a Service). This model goes on to integrate the various aspects involved in a small business like Accounting, Sales, and Project Finance.

ERP for Small Business-How it Works?

In the small business world there can be no single ERP solution devised. So vendors now have come up with customized solutions of ERP as per the needs of the business. This is cost effective with good results for the small businesses. With ERP installed you can also save on your manpower costs and run the business efficiently. The need of a small business is to become productive at lower costs and an ERP solution helps you in that. Now you can even take good managerial stands by looking into your database and analysing the data that has been stored for you. ERP also performs business analytics for you to give you a better idea of your position and need.                                         

Getting Started with ERP

ERP has been buzzing in the small business for a while now. A few ERPs have indeed created a difference and have proven their results in the small business industry as well.

• Exact Globe ERP

When it comes to installing ERP you cannot forget Exact Globe Enterprise. If your business is works at a global level than this ERP is the best for your organization! It helps to assimilate the various global businesses and their currencies in a single system. Works best when you need support for sales, deliveries, production, internal orders, working hours, inventory, receipts, purchase and HR related data.

• Syspro ERP

Syspro has proven to be a success for small business. With this ERP in place integrated analytics became popular. Some of the integrated analytics that became part of the businesses were inventory optimization, workflow services, process modelling etc. Basically works for electronics, food, chemicals, fertilizers and medical device based industry. Best works for modules like finance, distribution and manufacturing.

• NetSuite ERP

This is one the original SaaS ERP vendors available in the market. This software best works for the finance, inventory control, orders placed and managed, purchase, payroll, planning (material and production) etc. modules. The best ERP module to integrate ERP with CRM! This software enables the assimilation the database of the various departments into one and this database can be personalized as per the employee needs. This software is best when it comes to analysing and forecasting data.

• Cloud ERP

For a long time Cloud ERP has been an excellent solution for small businesses. The best part of cloud ERP is that it is real time based and designed for the various departments within a small business like distribution, manufacturing, services and software. It streamlines the various processes within the business and saves time and money for the small business.

So if you wish for growth and prosperity in your business you need to adapt technology and go the ERP way. With best integration of your processes and better management of your organization profits and growth sees no boundaries.