Small Business ERP - What Everybody Should Know About It


Posted January 11, 2016 by KellyHFord

Small business are usually family enterprises and hence not too many of them use ERP software as they have an accounting system in place.
 
Press Release, Place, and 11th January, 2016:Enterprise resource planning is a business management system that integrates all facets of the business, including planning, manufacturing, sales, and marketing. As the ERP methodology has become more popular, software applications have emerged to help business managers implement ERP in business activities such as inventory control, order tracking, customer service, finance and human resources.

ERP deals with the manufacturing, logistics, inventory, invoicing and accounting for your company. It is a back office system wherein your customers, suppliers and the general public are not directly involved. ERPs are cross-functional and enterprise-wide, and all your departments are integrated in one system.

Small business are usually family enterprises and hence not too many of them use ERP software as they have an accounting system in place. Many companies provide ERP solutions to small-sized business houses. Few players in this field are Microsoft Business Solutions, NetERP, Compiere, and The Intuitive Enterprise Solution.

Things to look for in Small Business ERP

When evaluating small business ERP solutions, it is important that you properly screen the potential software candidates to ensure you get a software that fits your business. If you don’t you will run into many different issues. Here are some tips:
1. Make sure that the small business ERP software you are looking at fits into your niche.

2. Make sure that the data entry is simple and efficient

3. Make sure that the database platform can be managed by you or your staff

4. Look at the support offerings of the small business ERP provider to ensure that it is tailored to your needs

5. Determine that the small business ERP reseller provides enough training to properly get your staff up and running

When going through ERP implementation, a small business should work closely with its project manager in determining the core functions, rules, and processes that the system must deliver by the project go-live date. At the conclusion of the implementation process, the business must be able to perform all necessary transactions in the manufacturing or distribution software system to conduct business on a daily basis in a manner that is faster, easier, more cost-effective, etc. than prior to implementation. The business, should, in turn, begin to realize a return on its ERP investment.

There is thousands of features and functions in an ERP system that a business can take advantage of. If and when the small business takes advantage of such features, however, depends on the implementation methodology of the ERP vendor. If the software vendor has a history of working closely with its small business clients in developing plans to leverage additional functionality in the ERP system, the small business will be in a position to realize a return on its ERP investment in the months and years following software implementation.

ERP software is useful because it enables you to manage all the operations of your departments from production to distribution and accounting in one integrated system. It helps reduce operating costs, facilitate day-to-day management and support strategic planning. Skill, experience and adequate education of employees on how to make use of the erp software for small business correctly will make way to the success of the system. This, in turn, will promote proper operation of your business processes and increase your profitability.

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Issued By StacieCHoward
Country Anguilla
Categories Business
Last Updated January 11, 2016