ERP, or Enterprise Resource Planning, is a software system that helps businesses manage their day-to-day operations, including inventory, production, and financials. It’s a powerful tool that can streamline processes, reduce costs, and improve overall efficiency.
ERP stands for Enterprise Resource Planning (ERP). It is a software system that integrates all aspects of a business, from finance and accounting to sales and inventory. It provides a centralized database that can be accessed by all departments, allowing for better communication and collaboration. Additionally, ERP software can automate many processes, such as order entry and invoicing, which can save time and reduce errors.
An increasing percentage of manufacturers and distributors are adopting cloud-based ERP solutions as the backbone of their digital transformation and modernization strategy. What are the best decision points for leaders contemplating a new ERP system? At our co-hosted webinar, Ultra Consultants and Infor team up to provide you with current insights on this vital issue.
As a mid-market manufacturer or distributor, investing in an ERP system is a difficult decision that cannot be taken lightly. With so many options of vendors to choose from—such as Microsoft Dynamics, Infor and SAP ERP among others—and the high costs associated with implementation, it is crucial to ensure that this decision is supported by a solid justification process. This article will explore some of the key factors to consider when justifying your ERP investment and share some tips and best practices based on our extensive experience.
Insight on modern enterprise solutions for the Food & Beverage, Industrial Equipment Manufacturing, Fabricated Metal Products Manufacturing and Distribution industries
The right ERP solution can deliver the capabilities you need to improve processes, find new efficiencies, enhance decision-making, increase velocity, reduce waste and, perhaps most important, ensure that your company can prosper despite any challenges that lie ahead.
An old ERP can be the reason you lose customers or fail to maximize their lifetime value. And, what’s more, it may hurt your ability to hire and retain top talent, and cause you to pay higher salaries.
