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What is an ERP system?

ERP system (Enterprise Resource Planning System) - the corporate information system (CIS), designed to automate accounting and management. Typically, ERP systems are built in a modular principle and in some extent cover all key processes of the company’s activity.

ERP systems have the following characteristics:

  • is a ready-made software that is designed for client-server’s system; 
  • ERP systems handle most of the business operations of the organization; 
  • ERP systems integrate the majority of business processes; 
  • ERP systems use a database of the entire enterprise, where all data are usually memorized once; 
  • these systems provide access to data in real time; 
  • ERP systems allow you to combine the processing of business operations and action planning.

 

ERP systems also have such additional characteristics:

  • support different languages and currencies; 
  • support for certain branches; 
  • opportunity for tuning without programming.

The functionality opportunities of ERP systems:

  • forming plans of production and sales; 
  • planning needs of the enterprise; 
  • financial management, monitoring realization of the plan, financial and managerial accounting and budgeting; 
  • production capacity planning; 
  • project management; 
  • staff management; 
  • supply chain management; 
  • relationship management with customers and suppliers.

Why do clients choose an ERP system?

  1. Introduction of ERP system makes it possible to increase the controllability of all business processes through the creation of an integrated management system that allows you to achieve consistency between units of the company. As a result, the company starts to make more effective management decisions. 
  2. ERP systems optimize the efficiency of the staff’s work, what is very important for companies with a large staff. The system tracks the work of staff and time needed for execution of certain tasks. 
  3. Introduction of ERP system optimizes the accounting, tax accounting and management accounting, as well as forming financial and management reporting. This way you can control the incomes, expenses and profits of the company, to produce a cost analysis and control of errors. As a result, the business becomes more transparent, and it’s control more efficiently. 
  4. ERP systems - is an effective tool for production management. After the introduction of ERP automates many stages of the manufacturing process, which leads to increasing productivity and improving quality and saving time. 
  5. ERP systems help to make better decisions, quickly respond to market changes, to plan and improve different variants of the company’s development.

To organize and automate the main activities of the company, we offer our ERP solution - AB Solut® ERP. Our ERP system includes all the innovations and generations of IT Source’s developers for eight years of our activity. Book our system right now by phone: (832) 3056552.
Learn more about AB Solut® ERP 

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