There are different ERP examples that serve as a solution in a company and according to its needs, we can choose one or another type according to its characteristics, advantages and disadvantages.
Today, a ERP system It offers so many tools and provides countless advantages that it is difficult to ignore its benefits in today’s business world, from optimizing a better vision of the business, avoiding less risk in financial controls, to reducing production costs.
For this reason, before choosing the best ERP software, it is important to know for sure what the company needs, both its strengths and weaknesses, since only then will the platform adapt better and work in the most optimal way.
What is an ERP?
An ERP (for its acronym in English ‘Enterprise Resource Planningg’ or ‘Business Resource Planning’ in Spanish), is a software made up of multiple applications that allow you to automate the processes and operational aspects of a company with the aim of streamlining workflows.
Currently, this system is essential in thousands of companies around the world and we can find different ones where through them it is possible to manage their performance, improve their efficiency, increase productivity and link a multitude of business operations, among other functions.
ERP: Examples of use in a company
To better understand this software and to know what an ERP is for, we will give you some examples of use that can help you optimize its operation.
- crms
- Human Resources
- Finance
- purchases and sales
- Supply chain
- Inventory management
- Marketing
- electronic commerce
crms
Being a software directly associated with clients and external processes, the CRM is compatible with an ERP and it is possible to work both in parallel because they complement each other. Therefore, their use is more focused on improving the relationship with the client and increasing sales mainly.
Human Resources
The functions of an ERP in this area facilitate better management of human capital in order to obtain growth in employees. This is reflected in:
- The phase of publication of job offers
- The call and election of candidates
- Performance evaluation processes
- Work time management
- Employee Training
Finance
A financial ERP is vital in a company because it allows calculations of financial operations such as:
- Income
- Expenses and billing
- Carry out debt management
- accounts receivable
- Generation of reports with graphs included
- Keep abreast of tax regulations
purchases and sales
Thanks to the automation of the ERP, it is possible to carry out accounts receivable and payable, manage operations with suppliers and direct relationships with customers, as well as orders, prices, billing and delivery times. It also facilitates the detection of budget errors, reduction of the margin of error and unnecessary expenses.
Supply chain
An ERP helps streamline the processes; by giving you better visibility into inventory, planning more effectively, and improving customer service by fulfilling orders in a timely manner. Also, it simplifies processes and generates reports in real time to make better decisions.
Inventory management
Through an ERP it is possible to have a better management of multiple warehouses and the stock of merchandise to avoid overproduction and therefore extra storage costs. In addition to automatically entering your products into the system, keep an order in the statistics of purchases, expenses and have real-time reports of stocks, movements and sales.
Marketing
A marketing-oriented ERP offers different functionalities, such as the collection of customer and prospect data to make better business decisions and optimize their experience; create audiences for the different digital ad campaigns; find the points of friction when contracting a service or purchasing a product, just to mention a few.
electronic commerce
Integration with ecommerce is very simple, since by collecting information it is easier to evaluate data, orders, promotions, offers and commissions. Therefore, it helps to carry out a better management, by better managing these processes, and provides the ability to measure the effectiveness of the model, guaranteeing its security.
6 ERP examples
In recent years, the use and implementation of ERP in companies has been increasing thanks to its multiple modules in charge of operating different areas of an organization, from production, distribution to human resources.
Currently, there are many ERPs capable of working in the cloud and offering security, but it is important to know that each one is different, they offer different functions, services and conditions, in addition to having software designed for specific sectors.
Here we list some of the most used.
- SAP
- Oracle
- Microsoft Dynamics
- Epicor
- odoo
- bind
1.SAP
The SAP system emerged with the intention of being a business solution for large companies. It offers thousands of applications and seeks a digital transformation that serves as a model for companies around the world through AI, Machine Learning and advanced analytics.
Characteristic
It is one of the ERP systems with the largest number of features and because of this, it requires more time to implement. Its agility in analyzing information and data in real time facilitates better decision-making and provides companies with great advantages over their competitors.
Prices
- They offer a free trial for 14 days.
- The cost varies according to the needs of the company, since the quotes are personalized and depend on the specific functions that the business requires.
Advantage
- Improve efficiency by automating and simplifying processes thanks to real-time data processing.
- Built-in artificial intelligence generates a deeper analysis of the entire company to identify areas of opportunity, in order to improve and establish new goals.
- It has the advantage of being compatible with other applications thanks to its code.
- It has support for various operating systems.
Disadvantages
- It is a complicated software for employees to use and requires intensive training to use SAP in the best way.
- In addition to requiring training courses for employees, you also need professionals to perform proper maintenance.
- Implementation time is slow due to the size of the software.
- The system requires fairly robust equipment in order to function optimally, which means a larger investment that is difficult to afford, for an SME, for example.
2.Oracle
Oracle ERP is one of the largest and most used systems today. It offers a wide range of applications that enable companies to make the best business decisions while increasing performance and lowering costs.
Characteristic
Oracle ERP has one of the best features and innovations that can be found in an ERP system, especially in the areas of finance and accounting. It also has the ease of adapting to any industry or sector, which is why more and more companies decide to automate their processes through a higher quality ERP.
Prices
They present three different plans and each one with different prices, so companies can choose the one that best suits them and adapts to their needs and the investment they wish to make.
- Financial module: 175 USD monthly per user.
- Advanced finance module: 80 USD monthly per user.
- Advanced Access Controls: $150 per month per user.
Advantage
- Being a global corporation, Oracle offers a surveillance guarantee and an integrated security system to provide the greatest confidence.
- The Oracle ERP system has an online platform available to carry out large numbers of processes, which can be accessed by both suppliers and the company’s customers.
- It also incorporates a powerful CRM that helps in customer database management.
- The system is easy to understand thanks to the integration of graphics and learning is fast and smooth.
Disadvantages
- Only those who acquire the license can access the software, so there is a lack of information about its use.
- Oracle ERP implementation time needs between six and nine months.
- Its high costs mean that not all companies have access to its software and it is inconvenient for SMEs.
3.Microsoft Dynamics
Microsoft Dynamics 360 seeks to be the right ERP solution for each type of company according to its sector, driving growth and making real-time decisions based on data on a global scale.
Characteristic
Microsoft’s ERP system manages to unify ERP and CRM with different apps to achieve efficiency in areas such as sales, finance, automation and customer service.
Prices
Microsoft Dynamics offers different individual packages depending on the module you require.
- Customer data platform: from $3,860 MXN to $31,650 MXN per month.
- Sales: from $422 MXN to 2,849 MXN per month.
- Service: from $422 MXN to $2,005 MXN per month.
- Marketing: from $15,825 MXN to $31,650 MXN per month.
- Trade: The price is customized.
- Supply chain: $1,372 MXN per month or custom price.
- Human resources: The price is personalized.
- Finance: The price is personalized.
- Project management: The price is personalized.
- SMEs: from $422 MXN to $1,372 MXN per month.
Advantage
- It’s quick to implement and very easy to use, offering the traditional look and feel of a classic Microsoft product.
- It is available for all operating systems and mobile devices, where the smooth experience will be the same in any mode where it is accessed.
- It is adaptable and offers greater security and mobility, this makes it easy for companies of any size to use this technology.
- It manages to combine the ERP and the CRM, this makes possible a better supervision in the area of ​​finances and expenses in real time.
Disadvantages
- It is optimized to work with other Microsoft services, this may cause compatibility issues with some apps.
- It does not allow adjustments in the server code despite the existence of customization options.
- If you require additional services they have extra costs.
4. Kinetic ERP (formerly Epicor)
The ERP system of Kinetic (new name of Epicor ERP) is designed with the purpose of covering more specific needs of medium and large companies focused directly on the manufacturing sector.
Characteristic
This cloud platform offers flexibility and gives manufacturers the capabilities for job costing, distribution, sales, inventory control, supply chain, and manufacturing execution.
Prices
- They make quotes with personalized prices according to the needs of the company.
Advantage
- Allows you to control the area of…
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