What does 'ERP' mean, anyway?
Enterprise Resource Planning (ERP) has a lot of definitions. Some call it ‘business planning’, others call it ‘business procedure’ or ‘business process’. Either way, they managed to fall under one roof—a software designed for businesses small or big alike. It’s easy to notice how broad and underwhelming this topic can be, whether you are a small business owner who wants to be ingrained for future purposes or a management major who is told to take down notes. That is why we are slimming it down into five reasons as to why it is the future of business:
1. Its's a time saver.
Cloud-based ERPs are a big time saver because of its easy-to-use format and quick reaction of its cloud-based applications. It is powerful enough to process a single button that covers a whole day of manual labor. In fact, owning a cloud-based software that manages operation by its design reduces labor cost while maintaining an increase in production.
2. It's a flexible system.
Cloud-based servers are a go-to software because of their nature. Gone are the days where expensive CD bundles are required just for mere installing of the software on the desktop. Nowadays, it’s as easy as logging into a server via browser through your laptop, tablet, smartphone, console, you name it. It is also an integral part in using the internet for essential business functions. Speaking of being an integral part…
3. It means integration.
There would be no ‘R’ in ERP when there is no integration. It sits into multiple sections that varies differently upon an ERP software, more so with a cloud-based software. An integration is vital, as it add tools for the system to use in a single interface, all at once. Integration of systems include Financials or Accounting, Manufacturing, Supply Chain, Reporting, Operations or Warehouse, and Human Resources. It is a definite benefit when the integrated parts of the system matches the expectation of a client or a customer.
4. It's meant to be safe and secure.
A cloud-based ERP software is well-aware of its vulnerable status because of its connection to servers; hence, internet. For most buyers, this can one of their main concerns in choosing the right software. Fortunately there are system protocols that are visible on its users and transparent on its documentation. Such instances are automatic updates or an access panel for moderators and administrators that lets them check and manage their employee’s performance.
5. It has its eyes locked on the future of technology.
Cloud-based ERP is one of the many resurrected ideas that the dawn of our ever-advancing technology is offering recently. With Blockchain, Deep Machine Learning, Internet of Things, and the likes of it, it is common that having the responsive design of technology everywhere you go is being transformed into the norm. What strikes the future of business is when businesses begin investing on these advancements like cloud-based ERP. And with it, businesses providing solutions for a better quality of life that would become.