Business Benefits of an integrated ERP system
Written by AdministratorTuesday, 12 February 2008 An ERP system delivers a comprehensive set of integrated system, covering cross-functional business processes conducted in companies
Below are the business benefit achieved from an integrated system:
* Improve alignment operations across departments
Users in all departments in the company are able to access the right information in real time. This function will help users to do their operations activities faster.
The Company can also find the best people and leverage their talent in the right job at the right time.
* Improve productivity
With an integrated system, company can improve productivity by improving operational efficiency. Operational efficiency can be achieved by having users do their daily activities which are needed by the company, users will be focus on important activities.
* Reduce costs through increased flexibility
Integrated system will help company to improve process standardization, efficiency, and adaptability. During system implementation, users can consult with their consultants to define the standard processes will be carried out using the new system. In this phase, the system is flexible to be customized to accommodate user needs.
More over, with integrated system, users will be able to extend transactions, information, and collaboration functions to other users in company
* Improve financial management function
Users able to gain deep visibility with financial and management accounting functionality combined in the integrated system. Business transactions created in one department can automatically create another transaction in other department.
This could happen by increasing profitability, and improving financial control.
* Optimizing IT spending
With integrate system, company will also have the opportunity to integrate and optimize their business processes. Transaction conducted in one area will lead to other areas.
Another benefit will be an opportunity to eliminate high integration costs and the need to purchase third-party software. Company doesn’t need to purchase any other software for other departments, all departments will use the same one integrated system
* Provide immediate access to enterprise information
Integrated system will have centralized database and able to be accessed by all users across departments. Users can access the enterprise information required for their daily activities.