Enterprise resource planning (ERP) software is a miracle of the modern workplace. In essence, it unites your company’s accounting, human resources, product development, manufacturing, marketing and other departments. It lets those divisions instantly share, store, organize and utilize a common repository of corporate and customer information via a standard or customizable user interface.
Today’s ERP software makes it easy to make data-based decisions. With its flexible tools and powerful features, you can track employee performance, make cost projections, craft budgets, plan schedules, calculate ideal price points and figure out how many products to ship to stores, among many other crucial operational tasks.
In addition, this software can automatically generate reports and fill out paperwork, ensuring that you follow all compliance rules and requirements.
With this software, everyone can work more efficiently and accurately to deliver and share timely documentation and analysis.
If you’re in the market for ERP software, you’ll probably want a platform with these features.
1. Learning capabilities
When your ERP software has machine learning capabilities, it will figure out over time how to make itself more useful to everyone.
For instance, if your ERP program realizes that your accountants often seek a certain data point, it might display that number as soon as it’s updated without being asked. It can also identify and recommend best next actions based on expert user activity and recurring processes.
2. Complete mobility
No matter where your staff members are, they should be able to safely access your ERP interface. And it ought to be user-friendly for all smartphones and tablets.
With secure mobile access to your corporate systems, your sales reps and other employees can enter pertinent updates and statistics from customer meetings, conferences, hotel rooms, flights and remote offices.
It should be simple for you and your team to customize your ERP solutions. As soon as you log in, you should see the charts and tools you need in your user portal. Meanwhile, items you rarely or never use can remain hidden, along with data restricted to other users or departments.
Simply put, if your ERP can adjust to accommodate the needs of each role and department, your team will perform their unique duties more effectively.
4. Social media integration
Just about every company relies on social media platforms for marketing and even customer interaction and feedback. As such, it’s helpful if your ERP software automates and streamlines your social media programs and activity to ensure consistency, compliance, and collaboration.
With the right process in place, each department can even use the interface to submit photos, videos and messages for sharing approved content.
Furthermore, your ERP analytics can tell you which posts get the most response and even evaluate the responses for more insightful decision-making. That way, you can keep posting the best kind of content for your audience and your company.
Whenever you see an influx of new customers, you want to know the cause and the effect. It might happen because your business appears on the news or a major website, or because you introduce a hot new product. Whatever the reason, it’s vital to have ERP software that not only adjusts to meet changes in demand but also helps you make the appropriate adjustments in the relevant areas of your business.
That is, your ERP program should be capable of processing as much new data as your company feeds it. And you must be able to add as many new users and mobile devices as necessary. If your ERP can’t handle a sudden flood of info, you’ll have to buy and implement new software, an expensive and time-wasting prospect.
With the right enterprise resource planning solution, your operations will remain flexible as you grow. Similarly, you’ll always be responsive to market changes and trends, since your ERP will help you make choices based on customer preferences. With adaptability so often comes prosperity