Enterprise Resource Planning
Prominent IT helps to integrate business process best practices with specific client requirements. We provide cost-effective ERP solutions that permit customers to automate their operations and increase visibility across their organizations.
What value-added services does Prominent IT provide?
Implementation Services
Ongoing Support/Operations
Application Integration
BI and Performance Management
Application Integration
Business Process Optimization
Our expertise spans industry-standard tools, including SAP, Oracle, Microsoft Dynamics and Appian.
Enterprise resource planning (ERP) is thus the integrated management of main business processes and is often in real-time and mediated by software and technology. ERP is generally referred to as a category of business management software and is thus made up of integrated applications that an organization can use to collect, store, manage, and interpret data from several business activities. ERP Systems can be local-based or even Cloud-based. Cloud-based applications have developed much of late due to information being readily available from any location with internet access.
ERP provides an integrated and continuously updated view of core business processes using common databases maintained by a database management system. ERP systems track business resources such as cash, raw materials, production capacity, and the positioning of business commitments such as orders, purchase orders, and payroll. The applications that make up the system share data across various departments, manufacturing, purchasing, sales, accounting, etc. that do provide the data. ERP facilitates information flow between all business functions and manages connections to outside stakeholders.
Enterprise Resource Planning (ERP)
In any industry, some of the demands managers face is cost-effectiveness.
Implementing ERP System requires producing Enterprise Resource Planning (ERP) software which is complex indeed.
Advantages of ERP System are that with Enterprise Resource Planning (ERP) software, accurate forecasting can be carried out.
Purpose
The primary purpose of an ERP system is undoubtedly to increase the organizational efficiency of an organization by instead managing and improving how company resources are utilized. Enhancing and reducing the number of resources necessary without sacrificing quality and performance are keys to effectively enhancing business growth and profitability.
Enterprise Resource Planning (ERP) software is the solution to this problem. The ERP systems do help businesses collect and organize their crucial information. Companies or organizations that can run lean and efficient operations as they scale.
Benefits of ERP
One of the most significant benefits of using ERP systems is that it does help organizations save money in numerous ways. When companies do make use of the automation feature of the ERP to automate several simple, as well as repetitive tasks and errors, they are minimized.
ERP integrates all workflows as well as information in one central platform. Employees with access to the ERP system do, in turn, have access to all the workflows and knowledge in the company. Leaders can indeed check and monitor the status of projects and the performance of individuals/teams.
Data is helpful when a person can analyze and understand it. ERP does aid companies not only in gathering required data but also in exploring as well as understand what it says. Top ERP solutions have proved to be impressive reporting and analytic tools that have allowed users to track, display or compare their KPIs and other metrics.
ERP can provide extensive insights into one’s business performance and other impactful trends. It can do so as it happens to be a central platform that can access data from any department in a company. Leaders, as well as managers, are enriched with vital business insights cum intelligence and thus can make better decisions.
Being on top of financial reporting standards cum security regulations (governmental as well as industry-specific) is indeed tricky on account of their frequent changes. Instead of struggling to track all regulatory compliance and data security changes, a company can use ERP to keep the company safe and compliant.