ERP App

What is ERP? A Beginner’s Guide

Enterprise Resource Planning or ERP is widely defined as “the ability to deliver an integrated suite of business applications.” There has been a sharp growth in the number of ERP tools used globally. ERP tools cater to a large variety of industries including finance, manufacturing, supply chain, services, HR, finance and distribution.

ERP applications are capable of offering solutions for operational and administrative processes for enterprises. These applications offer solutions for administrative, business and customer-facing problems faced by companies.

The main feature of all ERP systems is a database that supports the various functions utilized by different business units.  This means that staffs or employees in different sectors can rely on the same information for their individual needs.

Every day, more and more ERP apps are made and they can effectively address the needs of businesses and organizations. The functionalities of these apps are available for enterprise modules like;

  • Quality management
  • SPC
  • Carton builder
  • Document control
  • Labeling
  • Maintenance and Repair
  • Sales Quotes
  • Time and Attendance
  • Work Order Management
  • Real-time Process Monitoring
  • Production reporting
  • Electronic signatures
  • Workflow
  • Work Order Management
  • Real-Time Work Center and Production Monitoring

 

With an ERP App, important information that is critical to the growth of a business can be sent via tablets, smart phones, and PDAs whenever and wherever they are needed. When there is a rapid flow of information, business owners and staffs will be able to make decisions with immediate impact. This is ultimately going to improve the output of the organization.

ERP apps are developed with advanced functionality that offers the following;

Secure Platform

Oracle security, strong data encryption, as well as user-defined security roles within the ERP apps, ensure that important data is secured and industry compliance is upheld.

Professional support for the top mobile technology operating system

ERP is a top-notch mobile app that is written exclusively for the Android mobile OS (operating system)

Real-time access to ERP data

ERP applications provide the solution to the challenges that businesses are inevitably going to encounter. It does this by providing access to important data in real time. Since business owners and staffs can access information at the touch of a button, they will be able to scale through challenges and get more done in less time

Consistent device specific interface

Since ERP is built on popular mobility computing systems, the user interface is consistent with the device.

Interchangeable licenses

ERP apps will save you the pain and cost of purchasing a special license for various mobile devices (phone and tablet), as an ERP app license can be effortlessly transferred from device to device.

Below are some ways ERP apps can improve customer experience;

  • Improved responsiveness to inquiries and needs of prospective  customers
  • Quick decision making
  • Improve collaboration and communication
  • Instant access to production efficiency scraps, work center productivity, downtime and many more
  • Improved workflow
  • Instant access to business enterprise and manufacturing information

Why do Businesses Need ERP?

If your business has been operating well without an ERP app or system, you might be wondering why you would need to get an ERP system. Simply put, ERP solutions are designed to streamline businesses and promote collaboration. While the short-term costs of investing in an ERP system can be high, it leads to long term cost savings and efficiency.

Here are some pointers an ERP app can improve your business:

  • Industry Regulation Compliance: A number of ERP solutions allow businesses to keep up with stringent compliances set by the industry. Important protocols in financial accounting or production can be handled using ERP.
  • Forecasting: ERP software is capable of making accurate forecasts using available data. With businesses operating using a centralized database, ERP solutions verify data integrity and offer forecasts that are reliable.
  • Flexibility: By integrating existing apps with ERP solutions, businesses can streamline workflow to a great extent. You do not need to replace your system when adopting ERP due to its flexible nature.
  • Security: ERP solutions have a number of stringent protocols in place to promote security. All user and admin activity is visible making it easy to spot any kind of unauthorized activity.
  • Efficiency: A number of business processes like inventory management, sales, marketing, and accounting are integrated into ERP solutions. Data is accessible throughout an organization allowing for cross-department collaboration and efficiency.
  • Reduced Costs: ERP can be leveraged to bring operational costs down. With operations being better managed and real-time data being used for added efficiency, ERP solutions can be very cost effective.

Types of ERP Software

Classifying ERP software into a small number of categories can be difficult. Instead, experts group them based on their functionality into the following categories:

  • Generalist ERP: Generalist ERP solutions can be used across multiple industries. They offer added customization features to ensure businesses are able to take full advantage of their capabilities.
  • Open-Source ERP: Open-source ERP solutions are not as popular as they require enterprises to use the available source code to build their own tools. However, open-source ERPs are very convenient for developers as it allows them to create customized processes for their organizations.
  • Small Business ERP: On-Premise ERP solutions are modular in nature and offer basic features. These solutions do not fully integrate into business systems and processes and serve as add-on options instead.
  • Vertical ERP: Vertical ERP is designed to meet the needs of specific industries. Businesses that focus on a specific niche tend to adopt vertical ERP solutions. This type of ERP is commonly seen in supermarkets, retail markets, and construction.

Now that you know what are the types of ERP, you might be wondering what you features you should be looking out for if you want to get an ERP app.

Features of a good ERP app

  • Supply-Chain Management: ERP tools can automate various processes in supply chain management for businesses and also adapt to any changes in market conditions. ERP tools are often used to manage product flow from production lines to consumers and also for recalls and returns.
  • Inventory Management: ERP tools can be used for materials management and keep track of stock targets, stock refilling, and other important inventory goals. These tools take advantage of serial numbers in products and materials to locate and manage inventory. ERP tools are often integrated with Purchase modules.
  • Purchase Management: ERP purchase modules centralize information that includes quotation requests, supplier listings, orders, stock updates, receipts and more.
  • Human-Resource Management: Enterprises often use HRM ERP tools to maintain a centralized database for storing and managing employees’ work data. The data can be accessed during performance reviews, creating skills matrixes and is often used for wage management as well. Some HRM ERP tools are also used for training purposes under learning management systems (LMS).
  • Financial Management: ERP modules designed for financial management allow businesses to manage capital inflow and outflow. All standard accounting procedures like balance sheets, reconciliation statements, tax management, and general ledgers are available using ERP.
  • Sales Management: ERP modules can handle sales inquiries, sales invoices and more. Marketing elements can also be incorporated into the modules to track company performance.
  • Customer Relationship Management: CRM modules built using ERP are used to boost customer service. ERP can be incorporated to consolidate data like purchase history, past interactions with customer support, social media activity and conversion tracking.
  • Manufacturing: Manufacturing ERP modules can be used to help businesses be more efficient with their manufacturing process. ERP tools are deployed to monitor daily production, forecasting, scheduling, distribution planning, and shop floor control.

 

If you are looking for an ERP App, consider our eMOBIQ which can perform your ERP needs today. Simply head over to our eMOBIQ section to browse the wide range of capabilities our ERP app is capable of doing and see what features you would need for your business.