Tuesday, 28 July 2020 10:12

What is ERP and How Can it Help Your Business?

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Most manufacturing businesses will have it’s own way of managing their business.

Some may be still using a paper or spreadsheet based model, they may have some systems which serve one particular function, such as an accounting or CRM system or they might be operating on a legacy ERP system that has been used for many years.
A modern ERP system can help to elevate your business by providing real time data, reducing the need to manually handle data and connecting employees even when they are not in the office.

What is ERP?

ERP stands for Enterprise Resource Planning. An ERP system is an integrated business solution that encompasses many aspects of a business. For manufacturing solutions, this includes; parts, bill of materials, materials management, stock control, finance, quality control, traceability, suppliers, orders, customer relationship management and much more. 

EFACS ERP software is made for manufacturing businesses of any size. EFACS is a fully integrated and configurable system, ensuring that it is the perfect fit for your business.

How Does ERP Help Your Business?

There are a number of ways an ERP system can help your business.

As mentioned, an ERP system is an integrated system that will be used by many different departments in your business. Since an ERP system is integrated, data can be entered into the system once and then flow through the system to relevant departments. Within EFACS, a user could enter information about a customer and link that customer to a quotation. If the customer decides to go forward with the quotation, it can be converted into a sales order, while still retaining all information from the initial quotation. This helps to cut down on data duplication and manual errors that may happen if a number of employees are handling the same data.

An ERP system operates using real time data. This data can tell users if there is a bottleneck on the shop floor, what stock is running low and can help to produce up to date reports. These reports can provide visibility into business operations and help a company to see emerging trends within their business and to stay competitive.
Within EFACS, there is an integration with the Power BI reporting tool which helps to create user friendly reporting graphics. These graphical reports are easy to create and provide a wealth of information.

The EFACS software is browser based and can therefore be reached from anywhere as long as a user has an internet connection. This means that employees can stay connected to the business, no matter where they are working, whether it is from home, across multiple office locations, or on the road, via the EFACS mobile applications.

At Profitsflow, we understand that choosing an ERP system can be a difficult task and some companies may not know where to start. Download our free white paper for an impartial ERP Selection Guide.

 

If you would like to speak with one of our ERP consultants to discuss how EFACS could transform your business, get in touch with us here or call us on +353 (0)1 244 9580.