The first ERP-systems appeared back in the early 1990s, and now their implementation is virtually mandatory for every company that seeks to organize centralized access to its data, effectively manage it, and automate business processes.
What is an ERP system?
ERP (Enterprise Resource Planning) is an information system designed to manage all business processes and resources of an organization in the form of data. Every day, companies accumulate data that needs to be stored and analyzed in order to stay competitive, make informed business decisions, and respond quickly to market changes. Although almost every medium and large company actually needs an ERP system for business, such solutions are primarily implemented in trade, finance, logistics, transportation, e-commerce, and telecom.
When the need for an ERP system arises:
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it has become difficult to control critical information that is stored in different departments;
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the business receives data from several sources, different employees are engaged in data collection, and tasks are assigned to them by heads of different departments;
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there are no unified regulations for data collection and processing, which slows down work and makes it impossible to use it effectively.
If these "symptoms" are not addressed in time, the company may face disruptions in operations, difficulties in scaling and a shrinking customer base.
Functional components of an ERP system
ERP-system in Ukraine is usually a modular system consisting of separate business applications. Each of them must be connected separately to meet a particular need - in the maintenance of finances, personnel management, procurement of raw materials, delivery of goods, and also includes CRM system functions, etc. Such a system can be universal or designed for a specific industry, for example, for product manufacturing, wholesale or retail firms, as well as for companies providing services, working in the field of energy, housing and utilities, etc.
Today, you can implement local solutions (buy a license and use the system alone on your own equipment) or regularly pay for access to ERP in the cloud (subscription to SaaS solutions).
Business benefits
Implementing an ERP system is always an investment in the future. You should not expect instant results - it is better to set yourself up for positive changes in the medium and long term.
What can a modern ERP system bring to a business?
IT savings
Instead of buying licenses of several separate systems (e.g. for cost management, inventory management, etc.), attracting new staff to support them, you only need one system and one or two employees.
Transparent handling of information
Any data and business processes are easy to control: daily and even minute-by-minute tracking of new orders, product balances, financial receipts, planning raw material purchases, etc. Tasks depend on the specifics of the company's activities.
Automation
Easily create unified reports and analytics, which allows you to move away from manual data collection and processing (e.g., using spreadsheets).
Productive work
Employees and management spend less time on routine tasks and can focus on more business-critical tasks.
Easy scaling
Entering new markets, opening additional offices or growing staff - all this is easily realized by a modern ERP system (Ukraine).
Data protection
Access to information stored centrally is easier to control and restrict.
Satisfied customers
Data acceleration allows you to pay more attention to improving customer service, get more opportunities to attract new customers and retain existing ones.