These modules can provide a real benefit to a business, allowing the company to see clearly the critical elements that it needs to keep on top of with regards to managing company processes and the day to day operations, giving directors easy access to reports, so they can quickly see areas of concern to address.
ERP Systems can be placed in the cloud or on-premise. Having information in the cloud allows the information to be accessible always.
On -premise means the information is available on a business’s premises and data is not held externally.
Advantages of an ERP compared to spreadsheets and multiple systems
One of the main advantages is that all business information is held in one place. This means you can enter data once and it’s all available in the system, so it does not have to be re-keyed.
Another advantage is it’s clear where the data is, and you can run reports easily from one system. You are only learning one system saving you from the time and effort when needing to learn multiple systems to get the information you need.
In a business, holding multiple systems means you will be logging in and out of different software packages. Having one ERP system does give a consistent look of the software, making it easy to use and you don’t have to jump between various packages.
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