Glossary
Enterprise Resource Planning (ERP)
ERP is a software type that integrates day-to-day business management operations, such as, but not limited to:
- Human Resources
- Manufacturing
- Sales
- Inventory and Product Management
- Finances
- Accounting
- Customer Relations
Many businesses face the challenge of effective balancing and find themselves slowed by tedious tasks and managing various aspects of their industry separately,
Now you may be tempted to click away with the excuse that your business does not fit the traditional definition of an enterprise. ERP is now seen as crucial for businesses of all sizes. When did this happen, and why did I not read about it?
Small businesses, non-profits, international missions, everyone can benefit from an ERP.
There are numerous benefits to adopting an ERP, but here are a few of them:
- Future-Proof your business. ERPs, give in-depth insights into how to better define your goals for the present and future, which can help reduce risk when moving into new large projects or markets. Growth is vital to all businesses, but unmanaged growth is like a houseplant that is growing out of control; it will crumble under its weight, and then the owners will cry out in dismay and regret at not better planning for the growth and making the right moves to build an infrastructure capable of supporting their aspirations.
- Increase Productivity. ERPs improve the flow of information between divisions, workers, and teams. This software can help simplify operations and streamline processes to reduce roadblocks and make work smoother for all involved.
- Encourages ambition amongst leadership by freeing up workers to do human things instead of wasting time on manual tasks, which should be left to computers. ERPs will free your employees to take full advantage of their skills to move your business forward.
ERPs come in all types, but a genuinely effective ERP can be formatted to specific needs, support growth, provide advanced automation, be constantly updated with the latest in technology, and be accessible. Buying your ERP through Greasy Jim’s ERPs and Bait Shop is doing little for you besides supplying free nightcrawlers during the holidays. I recommend purchasing an ERP with excellent customer service.
ERPs are massive systems and require implementation, often through the provider. Businesses will have to make crucial decisions based on many factors, including:
- Total costs
- Time of total implementation
- If additional, dedicated employees may need to be hired for a new software
- Impact on business needs
- Potential hurdles of switching current systems and how that will be resolved
This is where an ERP provider will require excellent customer service. Greasy Jim may be an excellent fisherman, but his ERPs could be better, and he will spend all of your time lying about the size of his catch instead of answering your ERP questions.
Business owners looking to implement an ERP should consider the system’s benefits carefully.
That is why we recommend contacting Xledger support for a free demo to get the best customer service and software for the best price. And then go fishing with Greasy Jim.