December 7, 2023
What is Enterprise Resource Planning

Enterprise Resource Planning, also known as corporate resource planning, is the management of important business components. For this purpose, microsoft solution partner use special ERP software with which the sub-areas of a company are controlled.

A group of employees examine a series of enterprise resource planning diagrams. Enterprise Resource Planning (ERP) gives companies a clear overview of important processes.

An ERP system collects and stores data in a central location so that those involved can access the information across departments at any time. ERP systems are also designed to increase overall efficiency. Thus it can be said: the more potential access to data, files and information there is, the higher the probability of a team’s campaigns being successful.

1. Improved collaboration through data management

Enterprise Resource Planning systems transfer data between key business processes. Each department of a company has its own data sets. It is therefore important that data are exchanged with one another. ERP systems call up this business data and ensure clarity and transparency. In addition, ERP monitors the data and keeps it clear by storing it in a central data source. This means that members receive notifications and updates on projects.

Company resource planning connects departments with one another and creates a singularly oriented data process. Data from documents, sales and transactions are viewed in a single, structured process. This means that the employees involved are always up to date. Last but not least, the ERP system practically combines the data from all departments and forms a single functioning database from it.

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2. Advanced customer relationship management

Another important function of Enterprise Resource Planning is the support of Customer Relationship Management (CRM). This is possible because ERP systems keep customer information in a central location. This type of information retention enables your employees to find specific data about a customer instantly.

A cross-departmental understanding and awareness of current customer relationships promotes the efficiency of all areas of the company that maintain customer relationships. In customer relationship management there are numerous sub-areas that use customer communication to increase the efficiency of the entire company.

3. Accessible reporting thanks to a central data source

Since the possible sources of information are limited to a single instance, ERP is ideally suited as a system for managing the reporting of a company. Enterprise Resource Management generates important resources and insights. Because it is a central data source, eliminating the need for time-consuming updates from one department to the next.

Not only are the reports accessible to every department – the reports created are also very extensive in their entirety. Well-founded analyzes, focused insights and future-oriented analyzes are standard in ERP systems. The reason for this is that the data used for the reporting takes into account every transaction within the respective departments.