2 min read

What is ERP Software: Understanding Enterprise Resource Planning

What is ERP Software: Understanding Enterprise Resource Planning

What_is_ERPWhat is ERP Software

You may heard the acronym ERP (Enterprise resource planning), but what is it?  ERP refers to business software and systems used to collect, store and manage data needed to run and grow a business.  They are used in all areas of business, including:

  • Sales and Marketing Accounting
  • Inventory Management
  • Manufacturing and Distribution
  • Service Delivery
  • Project Management
ERP software leverages a single database to store all company information that can be shared and used by multiple users at one time. In addition, ERP systems update the data in real-time, so each department is up-to-date on what’s happening as it’s happening.

Used heavily to manage customers and vendors, a shared database provides immediate insight for customer service representatives and other departments to access important information such as order status, shipping, receiving, and accounting information to provide excellent service. You can also utilize ERP’s to communicate directly with plant floor equipment with enterprise appliance transaction modules or (EATMs), which can employ a staging table, web services, and specific system program interfaces to fit your companies needs and requirements.

Often an ERP software system can be customized to accommodate simple and complext business processes if there are requirements that are not met out of the box.  If you rely on a separate application and can't replace it, there are customized integration options that can be run on both work station or server-class computers. Another bonus is their scalability, as having software that can’t grow with you is a waste of money.

ERP systems get a bad reputation because there are many horror stories of companies having poor expectations about the time and money required for implementation. Careful planning and methodical budgeting can make those downsides less intimidating.  Mantralogix is the company to help you be less intimidated.

As a trusted technology partner, Mantralogix delivers enterprise software solutions to both Canadian and U.S. businesses. We are happy to receive your inquires for any types of services which you are looking for and will focus on ensuring your requirements are met. Please call us at 1-866-320-8922 or email us at info@mantralogix.com.

About Mantralogix

Mantralogix specializes in the implementation, support, and training of world-class ERP solutions from Sage, including Sage ERP MAS 500, Sage 300 ERP (formerly Accpac), and Sage ERP X3, Sage PFW, and Sage BusinessVision Accounting (BV).  We also help with CRM, HRMS, custom development, hardware, and IT consulting and outsourcing. Mantralogix has in-house expertise in designing, developing and implementing solutions for financial, manufacturing and distribution verticals.  Contact us today at 866-320-8922 or visit www.mantralogix.com

Another version of this article was previously posted on Matralogix’s Blog on May 7, 2015 - http://insights.mantralogix.com/blog/what-is-an-erp

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