In business management, a system or platform that allows for the easy automation, optimization, management, and integration of the variety of processes and actions occurring within a company is becoming increasingly necessary.
With the variety of new technologies available, choosing the right one to optimize your company can be challenging. In this blog post, you will discover that the answer to this lies in the innovative ERP software (Enterprise Resource Planning).
In this article, we will focus on explaining what ERP is, its benefits, why its use is necessary in business management, and the functionalities of this cloud-based software.
Definition of ERP
ERP is a comprehensive software platform for managing daily business activities and areas. It's like having access to accounting, finance, project and risk management, supply chain operations, human resources, and many more all in one place. ERP software includes a set of tools that allow for planning, budgeting, forecasting, managing, and reporting on company results and data.
One of its main functions is to automate business processes, leading to cost reduction and increased productivity. This allows for control and a general overview of data and information from various areas of the company, all within the same platform that everyone in the company can access anytime, anywhere.
Basic Principles and Characteristics
ERP software acts as a mediator to integrate people, processes, and technology within the various areas of a company or SME. This allows for easy and correct collection, analysis, and organization of individual employee and system information to fulfill functions or tasks correctly.
The ability to view real-time data in ERP for accounting, human resources, finance, etc., enables efficient decision-making and early identification of problems or errors in different areas. Anticipation or early detection helps increase productivity and avoids wasting time on processes showing signs of inefficiency.
One innovative and important characteristic of ERP is the ability to use cloud software. The platform is hosted in the cloud, and companies and their employees access it via the internet. The service provider takes care of updates, solutions, maintenance, and security systems, allowing companies to focus solely on their work. This innovation gains popularity and relevance due to initially low costs, greater scalability and agility, easy integration, and a comprehensive view on a single platform.
Benefits and Advantages of ERP
With the implementation of ERP software, companies begin to have a flow of data and information that improves productivity and efficiency:
- Overview of Data: a complete, live view of the company's most important information through a variety of custom reports, all in one platform.
- Low Operational Costs: achieved through the optimization and improvement of business processes.
- Automation of Processes: speed in processing data and processes that were previously carried out manually. Ability to perform more tasks with fewer resources.
- Integration and Unification of Data: availability on a single platform accessible to employees for constant viewing. Decision Making: based on real-time data, custom reports that allow a better understanding of the situation.
- Error Reduction: higher probability of anticipating problems and errors by having information from all areas of the company.
- Reports: ease of generating, sharing, customizing all reports and having clear and concise information.
- Scalability: flexible software that allows adaptation to the company's growth. Does ERP
discover another ERP like SaaS
Software Work for All Companies?
ERP software is adaptable and has features to be applied to various types and sizes of companies:
- Small and Medium-sized Enterprises (SMEs): helps evolve with technology to analyze internal processes and move away from spreadsheets. Cloud ERP is easy to install and adaptable to the size of SMEs.
- Medium-sized Companies: offers analytics, quick implementation, and process efficiency for areas (human resources, finance, accounting, etc.). Allows companies to scale and compete, even with fewer resources.
- Large Companies: allows companies with global business to integrate existing databases or use newer and more powerful in-memory databases. Additionally, ERP software includes artificial intelligence, machine learning, built-in analytics, and process automation for proper process optimization.
ERP solutions can adapt to any company size; they are designed to be customized based on the required needs.
Cloud ERP
The technological innovation of the cloud has brought a series of improvements and functionalities to ERP, making it a popular implementation method. The adoption of digital technologies in companies changes the way they operate for the better. ERP is the comprehensive solution for all processes that occur in companies.
With the constant innovation of digital technologies, cloud software is ideal for the rapid adoption of new features and methodologies without the need to constantly update or change the system. Also, there is a reduced dependence on third parties; old systems required another party for operational business intelligence. In the cloud, a third party or provider is removed from the equation, and companies simply focus on using and benefiting from the software.
Lastly, security is a major and highly important topic for cloud services. They usually have dedicated teams to be always protected against potential threats and ready to solve problems.
Use and Leverage SAP Business One
With SAP B1, all areas of the company are integrated, and operational and administrative functions are controlled. It is the ideal tool to keep up with the technological innovations demanded by the business market:
- Centralizes and concentrates all company information for efficient comprehensive data and internal process management.
- Reduces administrative and manual work.
- Allows for customizing reports, dashboards with analysis tools, and real-time data.
With StarkCloud, SAP B1 can be integrated and migrated to the cloud in just 3 simple steps!
1. Connection: integrate the SAP system with StarkCloud through an easy and secure integration.
2. Transfer: transfer SAP data and applications to StarkCloud's cloud seamlessly.
3. Implementation: enjoy the benefits of SAP in the cloud with all the support and security provided by StarkCloud.
Some of the benefits that companies enjoy when implementing with StarkCloud:
1. Operating system licenses are taken care of by StarkCloud, allowing the client to focus exclusively on their work.
2. Real-time protection against ransomware, viruses, and any type of web threat.
3. The entire SAP Business One Cloud Suite is available from any browser and through an encrypted connection for full access to the platform.
4. Secure access to all certified SAP Business One add-ons.
5. Clients can transfer data from SAP B1 in the cloud and other systems. Ease of sending sales or purchase documents via email from the cloud.
Conclusion
In summary, ERP software is much more than a simple software with basic functionalities. In the business world with so many technological innovations, cloud ERP has come to change the way comprehensive data and processes are processed in companies.
ERP software is an essential facilitator of modern business management, allowing for process optimization, data-driven decision-making, and adaptability to an ever-evolving business environment. Its implementation can make a difference between stagnation and constant growth in the competitive business world.
Do you have any doubts about ERP software?
