What Are ERP Software Solutions?By developing custom ERP software solutions, organizations are able to lower their operational costs, enhance internal efficiencies and gain better insight with advanced data analytics.
Businesses often struggle to effectively manage common activities such as project management, accounting, compliance, risk management and supply chain operations. Enterprise resource planning (ERP) and custom ERP software is designed to simplify these processes by providing companies with a comprehensive software solution that enables the seamless flow and interaction of business processes.
What Is Enterprise Resource Planning?
ERP is a consolidated process that involves the gathering and organizing of business data via an integrated software suite. The primary goal of ERP systems is to integrate various business processes into one complete system. ERP software contains innovative applications that automate common business functions, such as sales quoting and production. This automation impacts a company’s operations across every department.
Traditionally, daily business processes such as HR, finance and accounting, relied on software systems that worked separately and often did not communicate with one another. When businesses have multiple software systems that do not interact with one another, it can lead to a range of problems, such as duplicate data. Modern ERP software solutions allow different departments to see what the others are doing, resulting in improved productivity and performance.
How Does ERP Software Work?
Custom ERP software is a type of automation software that allows businesses to complete tasks more efficiently with information that may not have otherwise been available. Functions are simplified and the user experience is ultimately improved, resulting in enhanced business performance.
The main concept of ERP systems is dependent on all parties having the ability to work from the same data instead of standalone databases with disconnected documents. With one centralized and secure system, everyone within an organization can gain access to the most up-to-date information and collaborate with one another in an effective manner.
Tiers Of ERP Software Solutions
Every business is different which means every business requires a different approach to ERP software solutions. ERP systems are categorized based on the size and complexity of the business in which they serve. The main tiers of an ERP solution include:
- Tier I ERPs – This level of enterprise resource planning is used to support large, global enterprises.
- Tier I Government ERPs – This tier supports large, federal or government agencies.
- Tier II ERPs – Tier II systems support large businesses that operate in multiple countries but do not have a global reach.
- Tier II Government ERPs – This tier primarily supports local and state governments, as well as some federal installations.
- Tier III ERPs – Tier II ERPs support mid-sized enterprises.
- Tier IV ERPs – This tier supports small enterprises and has a major focus on accounting.
What Are The Benefits Of Custom ERP Software?
Custom ERP software solutions provide businesses with a wide range of benefits, including enhanced workflow efficiency, profitability and the ability to run custom reports with advanced data analytics.
Saving Money Over Time
Companies can also enjoy cost savings over time; by combining multiple business applications and technologies into one system, businesses can reduce their overhead expenses. This single, comprehensive system is often a faster alternative to working with many different tools at once, saving valuable time.
Automating Processes & Time Consuming Tasks
Some businesses still rely on manual processes to complete common tasks. Upgrading to a custom ERP software solution allows businesses to automate specific processes that employees would otherwise have to complete instead of focusing on their core job duties.
Custom ERP software solutions can be used on nearly any internet-enabled computer, tablet or smartphone device.
Access To Advanced Data Analytics
There are also other key benefits of custom ERP software. Enterprise resource planning can improve business data analytics to achieve more accurate and action-forward insights. IT can also foster customer relationships by providing consumers with faster and more efficient processes that enhance the overall customer experience. Custom ERP software solutions can be customized to align with business goals and objectives, helping companies grow and succeed.
Who Should Acquire Custom ERP Software?
Custom ERP software can be highly advantageous for businesses in nearly every industry. These solutions can assist with day-to-day activities, including important projects. They can also be used as a communication tool, allowing employees from both internal and external departments to stay up-to-date with the latest information.
Although ERP is most commonly associated with the manufacturing industry, it is diverse enough to benefit other industries as well. Some of these industries include automotive, construction, food and beverage, consumer goods, industrial machinery, aerospace, agribusiness, hospitality, healthcare and technology.
Reach Out To A Custom Software Development Company
Technology continues to advance at a rapid rate, causing many businesses to fall behind. Investing in an ERP system can give businesses a competitive edge by gaining greater control over their processes and performance. With real-time information accessible on any internet-enabled device, business leaders can make strategic decisions and discover new opportunities for growth. ERP software solutions are also flexible and can be tailored to the unique needs of a business.
The custom software development professionals at Orases offer custom ERP software solutions that have been proven to streamline business processes and effectively consolidate data through innovative integrations and automations. To learn more about these ERP software solutions or to consult with a custom software professional, contact Orases today by calling 301.756.5527 or by requesting a consultation online.