ERP solution providers are responsible for the creation, selling, as well as effective implementation of ERP systems. The largest ERP solutions that are available on the market are SAP, Microsoft, and Oracle. Selecting the ERP application that is most suitable for any business will depend on the priorities of the organization, the challenges it faces, and also how the supply chain is being managed along with human resources and finances. Organizations can choose from a number of successful and reliable ERP solution providers available in the market.
Here are some of the ideal ERP solution providers in India
- SAP – It is the largest provider in the ERP market today. SAP has always been synonymous with ERP applications. The company is a pioneer in the ERP market. Most of the products that are provided by this company are highly priced. SAP S/4HANA is one of the best ERP platforms used by companies all over the world. It also offers SAP Business One which is an excellent software designed for small to medium enterprises.
- Oracle – It is the second largest company in the ERP market and also the top company in the CRM market. Oracle has years of proven record and experience in the ERP market. The products that are provided by Oracle consist of quite flexible that are open to customization. The products sold by this company are also in the high price range. Oracle provides a number of solutions for various types of industries.
- Infor – It is the third-largest ERP solution provider in the market. Infor has provided excellent enterprise software solutions for supply chain, customer relationship management, and even finance and accounting. The company has thousands of customers using its products all around the world. Infor is known for offering vertical ERP solutions as well as excellent manufacturing solutions. It provides ERP solutions for complicated and non-continuous manufacturing. The products offered by the company are in the low to moderate price range.
- Microsoft – It is also a popular ERP solution provider and has thousands of customers all over the world. Microsoft can boast of a strong channel network for effectively handling ERP products. ERP products of Microsoft are only sold through the value-added reseller. The company’s products are offered in the low to moderate price range.
- Epicor – It has a lot of experience in ERP as it has been active in the ERP market for quite a long time. Epicor has a strong value-added reseller network and offers durable industry solutions. One of its key strengths is its pool of ERP consultants. The products offered by this company are also in the low to moderate range.
Why is there a requirement for a good ERP software solution for businesses?
ERP solutions are able to efficiently handle all processes of an organization. This is what makes them so popular. ERPs help companies steer complicated business operations by offering accurate, reliable, real-time data as well as automation of business processes. ERP software is an excellent solution for uniting all the main processes of a business. When all the processes are effectively connected with each other, there will be a boost in the business to improve its operations. Let us look at the various ways that good ERP software can help any business –
- ERP will enable the systems’ integration which will help the business to access valuable data insights. This will greatly enhance the process of decision-making and improve the performance of various functions over a period of time.
- Because the processes, as well as the data, are so efficiently interconnected, there is much better visibility and even flexibility for the employees of the organization. This helps them deliver value across the various functions of the business.
- Many of the ERP solutions are designed in a way to be very flexible so that they may be customized as per the requirements of the organization. It will prepare them for any disturbances in the operations or sudden changes in the market.
Enterprise resource planning software has undoubtedly proven to be extremely effective in offering an efficient as well as a productive solution to businesses all around the world. In the competitive environment worldwide, it has become vital for businesses to have some kind of an effective ERP system in place. A reputed and reliable ERP solution provider will make sure that the deployment of resources will take place effectively, and that organizations will be able to oversee them on a real-time basis.
ERP modules
ERP modules are essential parts of an ERP system. The commonly used modules will support business functions such as manufacturing, inventory management, finance and accounting, procurement, warehouse management, supply chain, and customer relationship management. Every ERP module is developed for particular business functions. It provides the data and supports processes that will help company employees do their jobs. Each module will plug into the ERP system which offers a single source of accurate data. With the proper ERP modules, a business is able to make all its activities effective for improving the productivity of the employees. They provide businesses with real-time visibility into their operations.
The ERP modules that a business should invest in will differ on the basis of the business model, its industry, any obstacles as well as other factors. There are a few modules that are suitable for almost all kinds of organizations. Each company will require a finance and accounting module for its operations and monitoring the financial health. It is tough to effectively run a business without good software to provide financial information as well as perform basic accounting activities. Another ERP module is that almost every company irrespective of the industry if it depends on customers, is CRM which would undoubtedly benefit most of the businesses. The HRM module is also a worthwhile investment for a majority of companies.
Takeaway
A good ERP solution provider will provide assistance in choosing the best ERP solutions for the company according to its business needs. They actively contribute in creating value and inspiring all kinds of businesses by offering them efficient solutions worldwide. An ERP system consists of several software parts that are called modules. Each ERP module will concentrate on a vital function of the business. It can be production, finance, customer relations, materials, etc. Businesses can choose to go with only the modules which are required by them for the efficient running of their operations.