Erp Related Technologies

Advantages and Disadvantages of ERP

The advantages and disadvantages of ERP is an attention-grabbing Study. The leading advantage of an ERP system is bringing down the expenses and reduction the precious time which would have otherwise been wasted in bureaucratic maneuvers and not needed delays. Different software programs maintained in the departments were proving to be a great difficulty. Since ERP is a consistent platform it ensures that there is no contradiction in the information that is processed.

Industry wise advantages

Manufacturing Sector--------------------Speeding up the whole process.

Distribution and retail Stores-----------Accessing the status of the goods

Transport Sector---------------------------Transmit commodities through online transactions.

Project Service industry-----------------Fastens the compilation of reports.

The advantage and disadvantage of ERP is best understood by studying them under different categories. Therefore the next paragraph presents information on corporate as a whole because the advantage of ERP systems in a company is different when compared industry wise.

Advantages in a corporate entity

The accounts department personnel can act separately. They don't have to be at the rear of the technical persons every time to trace the financial dealings. Ensures quicker processing of information and reduces the load of paperwork. Serving the customers efficiently by way of prompt response and follow up. Disposing queries at once and facilitating the expenditure from consumers with no difficulty and well in advance of the set time limit.

It helps in having a say over your contestant and adapting to the whims and fancies of the market and business instability. The swift movement of goods to rural areas and in lesser known places has now become a reality with the use of ERP. The database not only becomes user friendly but also helps to do away with unwanted uncertainty. ERP is suitable for worldwide operations as it...