{"id":2230,"date":"2021-01-19T09:49:31","date_gmt":"2021-01-19T09:49:31","guid":{"rendered":"http:\/\/coff.babshobbsdev.com\/?p=2230"},"modified":"2021-01-19T09:49:31","modified_gmt":"2021-01-19T09:49:31","slug":"guide-to-erp","status":"publish","type":"post","link":"https:\/\/www.cofficient.co.uk\/guide-to-erp\/","title":{"rendered":"The Guide to ERP"},"content":{"rendered":"

What is ERP?<\/strong><\/h3>\n

ERP stands for Enterprise Resource Planning<\/a> (although the name doesn\u2019t give much away).\u00a0 ERP is a catch all term for business software which encompasses back office and front office functionality. An ERP System is a single unified business software system which you can use to run your sales function, your finance function, projects, manufacturing, supply chain, procurement, ecommerce and pretty much any other functions you might have within your business.<\/p>\n

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Why do I need an ERP System?<\/strong><\/h3>\n

You might need an ERP system if you find that you are running your business from multiple and disparate software systems.\u00a0 In a typical business this might look like, Sage for finance, Salesforce for customer relationship management, maybe Microsoft Project for project management or Magento for e-commerce, as examples.<\/p>\n

The consequence of using all these systems (which are all good in their own right) is that your business intelligence suffers.\u00a0 In order to get all the relevant information required to run your business you need to start pushing and pulling information back and forth between the systems through manual intervention or system integrations.\u00a0 This becomes expensive and\/or time consuming.<\/p>\n

Sometimes the tipping point comes when duplication (or triplication) of effort becomes too much.\u00a0 Sometimes the tipping point is when it takes days to extrapolate the correct business intelligence from the disparate systems.\u00a0 In some cases the justification comes with an identified profit leakage \u2013 something slipping through the net, too many convoluted processes which leads to human error etc.<\/p>\n

In any circumstance, the move to an ERP system usually corresponds with a desire to become more efficient and more effective and crucially more profitable.<\/p>\n

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Is It Expensive?<\/strong><\/h3>\n

Of all the software you can deploy, ERP is the one which is most likely to dramatically reduce your costs and improve your profitability.<\/p>\n