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Learn ERP from best Institutes in Howrah. ERP software or Enterprise Resource Planning is a type of enterprise application that is software designed to be used by larger businesses and often requires dedicated teams to customize and analyze the data and to handle upgrades and deployment. It is a process by which a company often a manufacturer manages and integrates the important parts of its business. In contrast, Small business ERP applications are lightweight business management software solutions, often customized for a specific business industry or vertical. ERP gives a global, real-time view of data that can enable companies to address concerns proactively and drive improvements. It improves financial compliance with regulatory standards and reduces risk. It automates core business operations such as lead-to-cash, order-to-fulfillment, and procure-to-pay processes. It also enhances customer service by providing one source for billing and relationship tracking.

These business activities can include product planning and purchase, production planning, manufacturing or service delivery, marketing and sales, materials management, inventory management, shipping and payment, finance. The central feature of all ERP systems is a shared database that supports multiple functions used by different business units. This means that employees in different divisions—for example, accounting and sales—can rely on the same information for their specific needs. At its core, ERP helps employees do their jobs more efficiently by breaking down barriers between business units.

ERP software also offers some degree of synchronized reporting and automation. Instead of forcing employees to maintain separate databases and spreadsheets that have to be manually merged to generate reports, some ERP solutions allow staff to pull reports from one system. For instance, with sales orders automatically flowing into the financial system without any manual re-keying, the order management department can process orders more quickly and accurately, and the finance department can close the books faster. Other common ERP features include a portal or dashboard to enable employees to quickly understand the business performance on key metrics. The ERP software functions like some a central nervous system for a business. It collects information about the activity and state of different divisions of the body corporate and makes this information available to other parts where it can be used productively. Information on the ERP is added in real time by users. Any authorized user with a valid password and access to the network can access the system any time.
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