ERP jSYSTEMS j(S JP) j JSSIGNMENT jNO j– j02

1. N jme jof jthe jStudent Mr. jPr jn jv jR jjesh jS jw jnt

2. Roll jNo MM2022254

3. Reg jNo 23-1208

4. Speci jliz jtion Oper jtions j& jSupply jCh jin jM jn

jgement

5. B jtch 2020-2022

6. Institute BIMM

7. Semester Ist

8. Subject jN jme ERP jSystems j(S JP)

9. Jssignment jNo. 2

10. Submission jD jte 13/01/2021

11. Tot jl jnumber jof jp jges jwritten 11

Q1). jWh jt j jre jdifferent jtypes jof jpurch jsing jorg jnis jtion jin jprocurement? jWh
jt jis jthe jneed jto jm jint jin jdifferent jpurch jsing jorg jnis jtion?

Jns). jThe jdifferent jtypes jof jpurch jsing jorg jnis jtion jin jprocurement j jre j js jfollows:
j-

1. Pl jnt jspecific jpurch jse jorg jniz jtion

Since je jch jpl jnt jmust jbe j jssigned jto j j jcomp jny jcode, jthe jcomp jny jcode jc
jn jbe jdetermined jvi j jthe jpl jnt jin je jch jprocurement jtr jns jction, jeven jif jthe
jprocuring jpurch jsing jorg jniz jtion jis jnot j jssigned jto j j jcomp jny jcode. j J
jpurch jsing jorg jniz jtion jmust jbe j jssigned jto jone jor jmore jpl jnts. jThis jis jpl
jnt-specific jpurch jsing.

2. Cross jpl jnt jpurch jse jorg jniz jtion

In jcross jpl jnt jpurch jse jorg jniz jtion, jcomp jny jc jn jprocure jm jteri jl jfor jmore
jth jn jone jpl jnt jto jwhich jthey jh jve jbeen j jssigned.

3. Cross jcomp jny jcode jpurch jse jorg jniz jtion

It jis jnot jpossible jto j jssign jone jpurch jse jorg jniz jtion jto jmultiple jcomp jny
jcodes, jbut jit jis jpossible jto j jssign j jnd juse jone jpurch jse jorg jniz jtion
jmultiple jpl jnts jbelonging jto jdifferent jcomp jny jcodes. jThis jcross-comp jny
jcode jpurch jse jorg jniz jtion jis juseful jfor jbetter jnegoti jtions j jt jcorpor jte
jlevel.

4. Centr jl jpurch jse jorg jniz jtion

Centr jl jpurch jsing jis j j jdep jrtment jwithin j j jbusiness jor jorg jniz jtion jth jt jis
jresponsible jfor jm jking j jll jnecess jry jprocurement. jCentr jl jpurch jsing jworks
jwith jother jdep jrtments j jnd j jgencies jto jconsolid jte jorders jfor jproducts jto jm
jke juse jof jeconomies jof jsc jle jfor jreceiving jche jper jprices.

5. St jnd jrd jpurch jse jorg jniz jtion

The jSt jnd jrd jpurch jsing jorg jniz jtion jis jused jby jthe jsystem jwhile jcre jting j
jutom jtic jpurch jse jorders. jIt jis jpossible jto jdefine jSt jnd jrd jPurch jsing jorg
jniz jtion jfor jthe jpipeline jprocurement, jStock jtr jnsfer j jnd jConsignment jscen
jrios.
 6. Reference jPurch jsing jOrg jniz jtion
Reference jpurch jsing jorg jniz jtion jis jth jt jpurch jsing jorg jniz jtion jwhere jthe
jprocurement jdone jfor j jll jthe jpl jnt jof jpurch jsing jorg jniz jtions. jReference
jpurch jsing jorg jniz jtion jis jused jin jthe jc jse jof jglob jl jcontr jct jprep jr jtion
jwhich jc jn jbe jreferenced jby j jny jloc jl jpurch jsing jorg jniz jtion.

Need jto jm jint jin jdifferent jpurch jsing jorg jnis jtion: j-

Purch jsing jorg jniz jtion jis j jn jindependent jphysic jl jorg jniz jtion jl jentity jof jm jteri jl
jm jn jgement jth jt jresponsible jto jprocure jm jteri jls jor jservices jwith jnegoti jtion jterms
j jnd jconditions jfrom jvendors jor jintern jl jpl jnt. jIf jthe jcomp jny jw jnt jto jpurch jse jm
jteri jl jfor jmultiple jpl jnts jth jn jthe jcross-pl jnt jpurch jse jorg jniz jtion jwill jbe
jinvolved. jPurch jse jorg jniz jtion jis j jlso jresponsible jfor jpurch jsing jprice j jgreements
jwith jthe jextern jl jvendors. jOne jpurch jse jorg jniz jtion jc jn jbe j jssigned jto jonly jone
jcomp jny jcode. jOne jcomp jny jcode jc jn jh jve jone jor jmore jpurch jse jorg jniz jtions j
js jper jrequirements jof jclient. jIt jhelps jto jperform jthe jt jsk jfor jpurch jsing jprocess
jPurch jse jorg jniz jtion jis jthe jtop-level jorg jniz jtion jl jelement jin jS JP jMM.

Q2). jIn jthe j jbsence jof jERP jsystem, jwh jt j jre jthe jdifficulties j jn jorg jniz jtion
jm jy jencounter jin jthe jprocurement jof jr jw jm jteri jl?

Jns). jIn jthe j jbsence jof jERP jsystem, jthe jdifficulties j jn jorg jniz jtion jm jy jencounter
jin jthe jprocurement jof jr jw jm jteri jl j jre j js jfollows: j-

1. H jndling jcomplex jprocesses

Direct jprocurement jte jms jh jve jto jm jn jge jm jny jmulti-l jyered jprocesses, j jll
jof jwhich jh jve j j jdirect jimp jct jon jthe jfin jl jproduct jor jservice jth jt jthe
jbusiness jis jselling jto jits jcustomers. jFrom jm jn jging j j jprecise j jnd jstre
jmlined jBill jof jM jteri jls j(BOM) j– jthe jproduct jblueprint jwith j j jspecified jlist
jof jr jw jm jteri jls, jsub-components, jp jrts, j jnd jqu jntities jof je jch jneeded jto jm
jnuf jcture j j jproduct j– jto jtr jcking jdem jnd j jnd j jn jlysing jdem jnd jp jtterns, jm
jint jining jvisibility jof jinventory jfor jsufficient jbut jnot jsurplus jstock, j jnd jtr
jcking j jnd jfulfilling js jles jorders, jdirect jspend jte jms jh jve jto jkeep jtight jrein
jon j j jlot jof jcomplex jprocesses. jThese jprocesses j jre jhe jvily jdependent jon j jv
 jil jbility j jnd j jccur jcy jof jinform jtion, j jccess jto jintelligent jtechnologies, j jnd
jthe jinvolvement jof jthe jte jm jf jr jbeyond jsourcing, jwhich jis jnot jnecess jrily
jwh jt jh jppens jin jm jny jcomp jnies.

2. Supply jch jin jrisk jm jn jgement

M jint jining jsufficient jstock j jnd jproduct jqu jlity j jre jcruci jl jfor jdirect jspend
jte jms j js jthey jimp jct jcustomer js jtisf jction, jbusiness jreput jtion j jnd
jcredibility. jWhile jglob jliz jtion jgives jbusinesses jmore jchoices j jnd jbetter jr jtes
jwhen jit jcomes jto jgoods j jnd jm jteri jls, jit jh js jcomplic jted jthe jprocurement
jprocess jby jheightening jpotenti jl jrisks j jnd jlimiting jthe jte jm’s jcontrol. jNow,
jte jms jh jve jto jm jn jge j j jdiverse, jextensive jsupply jch jin jth jt joper jtes j jcross
jm jny jn jtion jl jborders. jThe jmore jcomplex j jnd jspre jd jout jthe jsupply jch jin
jnetwork jdesign, jthe jhigher jthe jrisks. jNew j jre js jme jn jnew jleg jl j jnd jtr jde
jrequirements; jmore jcoordin jtion jwith jsuppliers j jnd jeven jgovernments; j jnd j jll
jthe jcomplic jtions jof jshipping jorders j jcross jborders, jsuch j js jdocument jtion,
jcustoms jcle jr jnce, jetc. jDirect jprocurement jte jms jmust jthink jon jtheir jfeet,
jbuild jin jbuffers j jnd jh jve jcontingency jpl jns jto jh jndle jthe jglob jl jsupply jch
jin jwhile jm jint jining jcompetitiveness.

3. Supplier-rel jted jissues

Cost joptimiz jtion, jon-time jdelivery, jconsistent jqu jlity, jright jqu jntity,
jcontinuity jof jsupply, jsufficient jinventory j– j jll jof jthese j jre jlinked jto
jsuppliers. jThe jless jreli jble jthe jsupply jch jin, jthe jhigher jthe jrisks jinvolved, jso
jsupplier jperform jnce jm jn jgement jis j j jhuge j jnd jcritic jl jt jsk. jWhile jm jn
jging jprocesses jinvolving jsuppliers jis jimport jnt, jdirect jprocurement jmust j jlso
jbuild jstr jtegic, jcoll jbor jtive jp jrtnerships jwith jthem jto jfoster jloy jlty j jnd
jencour jge jinnov jtion, jwhich jpl jy j j jstrong jrole jin jboth jfin jnci jl j jnd
jbusiness jgrowth. jOne jof jthe jmost jimport jnt jf jctors jth jt j jffects jsupply jis jthe
jvendors’ jfin jnci jl jhe jlth, jso jbusinesses jmust jconduct jsupplier jrisk j jssessment
jregul jrly. jThey j jlso jc jnnot j jfford jto jlose jsight jof jtheir jsuppliers’ jindustry jst
jtus j jnd js jfety jpr jctices j js jthese jc jn j jffect jtheir jcomp jny’s jreput jtion.
 4. Inform jtion jbottleneck
Jccur jte j jnd jre jl-time jd jt j jfrom jv jrious jintern jl jbusiness jfunctions jis jessenti
jl jfor jsmooth jsupply jch jin jm jn jgement. jBut jfor j j jv jriety jof jre jsons j–
jsecurity jissues, jl jck jof jcooper jtion, jl jck jof jd jt j jtr jcking j– jinform jtion jis
jnot j jlw jys je jsy jto jcome jby. jProfession jls jm jn jging jthe jdirect jprocurement
jprocess jshould jte jm jup jwith jkey jintern jl jdep jrtments jso jthere jis jbetter
junderst jnding jof jthe jprocess, jmore jtr jnsp jrency j jnd je jsy j jccess jto jrelev jnt
jinform jtion.

5. Technologic jl jb jrriers
Often, jthe jsupply jch jin jis jlittered jwith jdifferent jtypes jof jprocurement jsoftw
jre j jnd j jpplic jtions. jThere jm jy jbe jmodern jcloud-b jsed jsystems jincorpor jting
jm jchine jle jrning, j jrtifici jl jintelligence j jnd jblockch jin; jthere jwill jbe jthe jold,
jcumbersome jERP jsystems; j jnd jthere jm jy jbe jonly jem jil j jnd jspre jdsheets.
jM jking jdivergent jpl jtforms jcomp jtible jis j j jbig jch jllenge, jespeci jlly jwhen
jthere j jre j j jhuge jnumber jof jsuppliers j jnd jno jgeogr jphic jbound jries. jFor
jdirect jprocurement, jthe jch jllenge jis jnot jjust jtheir jown jbusiness j jdopting jbest
jpr jctices j jnd j jutom jtion, jbut j jlso jthe jsuppliers’ jc jp jbility j jnd jwillingness
jto jdo jso.

6. Keeping jcosts jlow j jnd js jvings jhigh

Js js jvings jh jve j j jdirect jimp jct jon jthe jorg jniz jtion’s jbottom jline, jit’s j jlw
jys jin jfocus. jBut jwhen jthe jsupply jch jin jpl jnning jis j jlre jdy jefficient j jnd
jdirect jm jteri jls j jre jbeing jsourced jcompetitively, jthe jeffort jto jdeliver jhigher
jcost js jvings jis j j jch jllenge. jInevit jbly, jr jtes jtend jto jgr jdu jlly jrise j js
jsuppliers jincur jhigher jcosts jon jtheir jend. jThe jsolution jc jnnot j jlw jys jbe jto
jswitch jto j j jlow-cost jsupplier j js jthis jcomes jwith jits jsh jre jof jrisks, jbesides jd
jm jging jthe jrel jtionship jwith j j jreli jble, jtrusted jvendor. jM jny jcomp jnies jnow
jspecific jlly jme jsure jcost j jvoid jnce j js jdirect jprocurement jdedic jtes j j jf jir j
jmount jof jtime j jnd jeffort jto jit.

Q3). jWh jt j jre jthe jv jrious jbusiness joper jtions jth jt jc jn jbe jsupported jby
jERP? jExpl jin jthe jProcurement jto jP jy jcycle.
Jns). j Jn jERP jsystem jis jm jde jup jof j jpplic jtions j jnd jtools jth jt jhelp j jll j jre js jof
jyour jbusiness jcommunic jte jwith je jch jother jmore jeffectively. jERP jsystems jintegr jte
j jll jf jcets jof j jn jenterprise jinto jone jcomprehensive jinform jtion jsystem. jEmployees jin
jpl jnning j jnd jscheduling, jfor jex jmple, jh jve j jccess jto jthe js jme jd jt j j js jthe jst jff jin
jfin jnci jl jm jn jgement jfor jtheir jspecific jneeds. j Jll jd jt j jis j jv jil jble jin jre jl-time,
jwhich jen jbles jemployees jto jm jke jf jster, jmore jinformed jbusiness jdecisions. jWith
jERP jsystems, j jll jvit jl jbusiness jfunctions—estim jting, jproduction, jfin jnce, jhum jn
jresources, jm jrketing, js jles, jpurch jsing—sh jre j j jcentr jl jsource jof jup-to-the-minute
jinform jtion. jEnterprise jresource jpl jnning jsystems jstre jmline jthe jcollection, jstor jge j
jnd juse jof jyour jorg jniz jtion’s jd jt j. jThe jright jERP jsystem jc jn jhelp jto jcollect j jnd
jstore jd jt j jinto jone jcentr jlized jpl jce jfrom j jre js jsuch j js: j-

1. Fin jnce j& j Jccounting

2. Hum jn jResources
3. Customer jRel jtionship jM jn jgement
4. Production jM jn jgement
5. Business jIntelligence
6. W jrehouse jM jn jgement
7. Inventory jM jn jgement
8. Supply jCh jin jM jn jgement
9. Point-of-S jle j(POS)
10. ECommerce

The jProcurement jto jP jy jcycle: j-

S JP jProcure jto jP jy jprocess jis jrequired jwhen jwe jneed jto jpurch jse jm jteri jls/services
jfrom j jn jextern jl jvendor jfor jour jcomp jny. jThis jprocess jincludes j jll jthe jbusiness jt
jsks jst jrting jfrom j j jpurch jse jrequisition j(PR) j jnd jfinishing jwith jp jyment jto jthe
jvendor. jThe jevents jth jt jdetermine jthe jst jrt jof jthis jprocess j jre jrel jted jto:

 M jteri jl jrequirement jpl jnning j(MRP) jfrom jW jrehouse jM jn jgement jto jensure
jminimum jm jteri jl jstock j jnd jtools jqu jntities jin jthe jw jrehouse.
 Pl jnt jM jinten jnce jm jteri jls, jtools, jextern jl jresources, jservices jpl jn jto
jprocure j jll jthe jresources jneeded jto jm jn jge jPl jnt jM jinten jnce jin j j jproper
jw jy.
  Other jprocurement jneeds jcoming jfrom jdep jrtments jof j j jcomp jny.

To jst jrt jthe jprocess, jit jis jnecess jry jto jcre jte j j jPurch jse jRequisition j(PR), j j
jdocument jth jt j jllows jpeople jworking jin jv jrious jdep jrtments jof j j jcomp jny jto
jspecify jthe jgoods jor jresources jth jt jh jve jto jbe jpurch jsed. jThe jprocess jends jwhen
jthe jp jyment jto jthe jvendor jis jbooked.

S JP jprocure jto jp jy jprocess jutilizes jthe jfollowing jtr jns jctions j jnd jdocuments
jin jS JP jERP: j-

1. Purch jse jRequisition

Purch jse jrequisition jis j jn jintern jl jdocument jwhich jis jissued/cre jted jwhenever
jthe jgoods j(stock/non-stock) j jnd/or jservices j jre jrequired. jSever jl jtypes jof
jdocument jwill jbe j jv jil jble jto jbe jused. jS JP jsystem jchecks j jutom jtic jlly jv
jrious jp jr jmeters jlike jbudget j jv jil jbility j jnd jrequires j jn j jpprov jl jworkflow
jfor jthe jrequisition jm jinly jb jsed jon jits jv jlue j jnd jintern jl jdeleg jtion jof j
juthorities, j js jwell j js jother jtechnic jl jp jr jmeters j(like jitem jc jtegory jor jpurch
jsing jgroup). jThe jrequisition jcre jted jin jthe jsystem jc jn j jlso jbe jrevised jif
jneeded.

2. Request jfor jQuot jtion j(RFQ)

RFQ jis jrequired jwhen jyou jdon’t jknow jyour jvendor j jnd jneed jquot jtions jfrom
jsever jl jvendors jfor j j jm jteri jl/service. jIt jis jthe jcomplete jset jof jprocess jth jt
jis jtriggered jonce j j jpurch jse jrequisition jh js jbeen jreceived. jRequisition jline
jitems jc jn jbe jgrouped jtogether jin jthe js jme jRFQ jprocess. jOnce jthe jquot
jtions j jre jreceived jfrom jyour jvendors, jyou jm jint jin jthe jrecords jin jS JP
jsystem jthus jch jnging jthe jRFQ jdocument jto j j jQuot jtion.

3. Open jContr jct

Open jcontr jct jis j j jgener jl j jgreement jwith jthe jvendor jfor j j jgiven jperiod jof
jv jlidity jwith j jgreed jprice jlist. jWith jreference jto jthe js jme jcontr jct jmultiple
jContr jct jRele jse jOrders jc jn jbe jgener jted juntil jit jis jexpired jor joutst jnding jv
jlue jis j jv jil jble.

4. Purch jse jOrder

 Purch jse jorder jis j jn j jgreed jupon joffici jl jdocument jfrom jthe jcustomer jto
jvendor jfor jcustomer’s jintent jto jbuy jor jreceive jone/multiple jm jteri jls jwith j
jgreed jprices, jle jd jtimes/delivery jd jtes, jqu jntities j jnd jspecific jtions. jThe
jbudget jcommitment jis j jutom jtic jlly jcre jted. jToler jnces jfor jgoods j jnd junpl
jnned jservices jc jn jbe jforeseen.

5. Contr jct jRele jse jOrder

Contr jct jRele jse jOrder jis j jn j jgreed jupon j jn joffici jl jdocument jfrom jthe
jcustomer jto jthe jvendor jreg jrding jthe jcustomer’s jintent jto jbuy jor jreceive
jone/multiple jm jteri jls jwith j jgreed jprices, jle jd jtimes/delivery jd jtes, jqu jntities
j jnd jspecific jtions j jnd jit jis jcre jted jwith jreference jto j jn jOpen jContr jct. jThe
jbudget jcommitment jis j jutom jtic jlly jcre jted. jToler jnces jfor jgoods j jnd junpl
jnned jservices jc jn jbe jforeseen.

6. Goods jReceipt
Goods jReceipt jis jthe jstep jin jthe jprocurement jcycle jwhere jthe j jctu jl jgoods
jordered jvi j j j jPurch jse jOrder/Contr jct jRele jse jOrder j jre jreceived jby jthe
jcomp jny j jnd jit jis jchecked jfor jthe jrequired jqu jlity j/ jqu jntity. jIf jthe jgoods
jqu jlity jmeets jthe jrequired jcriteri j, j j jGoods jReceipt jtr jns jction jis jposted jin
jthe jS JP jsystem jwith jreference jto jthe jPurch jse jOrder j/ jContr jct jRele jse
jOrder. jThis jtr jns jction jh js jdu jl jeffect jof jch jnging jthe jstock jqu jntity j(for
jentered jm jteri jls) j jnd j jt jthe js jme jtime jentry jin jthe jfin jnci jls jmodule jis j
jlso jp jssed jfor jthe jdebiting jthe jstock j jg jinst jthe jp jy jbles jto jthe jvendor.

7. Service jEntry
Service jentry jcertifies jth jt jthe jrequested jservices jfrom jthe jPurch jse
jOrder/Contr jct jRele jse jOrder jh jve jbeen j jctu jlly jdelivered/rendered. j J
jconfirm jtion jwith jthe jrequired jp jr jmeters jis jentered jon jthe jservice jentry
jsheet jwhich jis jthen jrouted jvi j j j jworkflow jto jthe jrequired jlevels jfor jconfirm
jtion j jnd jthe jfin jl j jpprov jl.

8. Invoice jH jndling
The jprocess jis jtriggered jwhenever j j jvendor jinvoice jreceived jfor jthe jpurch jses
jis jto jbe jentered jin jthe jS JP jsystem. jThe jinvoice jc jn jbe jput jon j j jst jtus jof
 jblock jfor jp jyment. jOnce jthe jinvoice jis j jpproved jvi j jthe jdefined jworkflow
jin jthe jS JP jsystem, jthe jinvoice jc jn jbe j jctu jlly jposted. jIt jis jusu jlly jdone jby
jthe jresponsible jperson jin jthe j Jccounts jP jy jbles jdep jrtment jof j j jcomp jny.
jThe jprocess jusu jlly joverl jps jjoint jfunction jlity jin jthe jMM j jnd jFI jmodules.

9. P jyment
If jthe jinvoice jis j jpproved jvi j jworkflow, jthe jl jst jstep jin jthe jcycle jof jpurch
jsing jis jthe jp jyment jto jthe jvendor. jThis jis jdone jby jentering j j jtr jns jction jin
jthe jS JP jsystem jc jlled jthe j“ Jutom jtic jP jyment jRun”, jwhich jis jusu jlly
jtriggered jperiodic jlly jb jsed jon jthe jp jyment jterms j/ jdue jd jtes j js jmentioned
jin jthe jpurch jse jorder. jThe jresult jof jthe jp jyment jrun jc jn jbe j j jcheck jprinted
jvi j jS JP jfor jthe jintended jvendors jor jthe jresults jof jthe jp jyment jrun jc jn jbe
jexported jto jextern jl jsystems jfor jonline jb jnking jport jl jvi j jwhich jthe jvendor
jp jyments j jre jtr jnsferred jelectronic jlly.

Q4). jDr jw j jnd jexpl jin jwith jex jmple jhow jS JP-Purch jse jcycle j jnd jS JP-S jles
jCycle j jre jintegr jted.

Jns). j
Suppliers (MM Module)

Customer (S jles & Distribution) Request for Quot

jtion

S jles Quot jtion Purch jse

Requisitions

S jles Order Purch jse Order

 Inventory

Customer Invoice
Supplier Invoice

P jyment P jyment

Integr jtion jbetween jS JP-Purch jse jCycle j jnd jS JP-S jles jCycle: j-

1. When jyou jcre jte js jles jorder jin jSD, j jll jthe jdet jils jof jthe jitems j jre jcopied
jfrom jM jteri jl jm jster jof jMM.
2. MRP j jnd j jv jil jbility jcheck jrel jted jd jt j jis j jlso jt jken jfrom jMM j jlthough
jyou jcontrol jthis jd jt j jin jSD j jlso.
3. While jyou jcre jte jinbound/outbound jdelivery jwith jreference jto j j js jles jorder,
jthe jshipping jpoint jdetermin jtion jt jkes jpl jce jwith jthe jhelp jof jthe jlo jding
jgroup, jpl jnt jd jt j, jshipping jconditions jetc. jThis j jlso jrefers jto jM jteri jl jM
jster.
4. The jm jteri jl jwhich jyou j jre jentering jin j j js jles jorder jmust jbe jextended jto
jthe js jles j jre j jof jyour js jles jorder/customer jotherwise jyou jc jnnot jtr jns jct
jwith jthis jm jteri jl.

Q5). jTop j5 jfe jtures jyou jthink jshould jbe jbuilt jin jthe jERP jsystem jso jth jt jit
jwill jhelp jorg jnis jtion jto jperform jbetter. jHighlight jthe jproblem je jch jfe jture
jwill jsolve jor jthe jv jlue- jdd jit jis jgoing jto joffer. j
Jns). jTop jfive jfe jtures jwhich jc jn jbe jbuilt jin jthe jERP jsystem jso jth jt jit jwill jhelp
jthe jorg jniz jtion j jre: j-

1. Integr jtion
This jERP jfunction jlity jis j j jm jjor jp jrt jof jwh jt jm jkes jthis jsolution jdifferent
jfrom jother jtypes jof jsoftw jre. jWhile jm jny jst jnd jlone jsolutions jbo jst jtheir j
jbility jto jintegr jte jwith jother jsystems, jthere’s jnothing jlike j j jsuite jof j jpplic
jtions jbuilt jto jwork jtogether. jIntegr jtion jensures jthe jnumerous jc jp jbilities
joffered jby jERP jsystems jwork jtogether jh jrmoniously. jERP jprovides j j jfully-
integr jted, jintuitive jpl jtform jthrough jwhich jyou jc jn j jn jlyse, jmonitor j jnd
jconduct jthe jm jjority jof jd jt j-driven jt jsks. jThrough j j jsingle jd jt jb jse, jERP
jcollects, jstores j jnd j jn jlyses jd jt j j jcross j jll jdep jrtments. jThis jensures jse
jmless jcommunic jtion jwithin jyour jorg jniz jtion. jComp jnies jtod jy jno jlonger jh
jve jto jwork jin jsilos, jth jnks jto jERP. jWorking jfrom j j jsingle jsource jof jinform
jtion jreduces jthe jdiscrep jncies jbetween jyour jte jms j jlong jwith jthe j jssoci jted
jerrors j jnd jcosts.

2. Jutom jtion
ERP jc jp jbility j jutom jtes jcommon jtedious jt jsks jincluding jorder jentry, jp
jyroll, j jccounting, jinvoicing, jreporting j jnd jmore. j Jutom jtion jcuts jdown jthe jm
jny jhours jyour jst jff jwould jtypic jlly jspend jon jthese jprocesses, j jllowing jthem
jto jfocus jon jmore jimport jnt j jssignments. jOptimizing jyour jemployees’ jtime
jensures jmore jeffective jworkd jys. j Jutom jting jyour jprocesses jc jn j jlso jreduce
jhum jn jerror. jWhen jyour jemployees j jre jspending jthe jm jjority jof jtheir jd jy
jrepe jting jthe js jme jt jsk jover j jnd jover, jthey’re jbound jto jm jke j j jmist jke jor
jtwo. j Jutom jtion j jllows jd jt j jto jbe jsent jfrom jone jp jrt jof jthe jsystem jto j
jnother, jwithout j jny jch jnce jof jerror.
3. D jt j j Jn jlysis
Since j jn jERP jis j jlre jdy jcollecting j jnd jprocessing jd jt j jfrom j jll jyour
jbusiness jfunctions, jit jm jkes jsense jto jc jpit jlize jon jth jt jinform jtion jthrough j
jn jlysis. jPut jsimply, jthis jERP jfunction jfinds jtrends j jnd jp jtterns jin jyour
jprocesses. jThis jen jbles jusers jto jreflect jon jthe jeffectiveness jof jcert jin jt jsks,
jin j jddition jto jproviding jforec jsts jfor jfuture jbusiness jdecisions. jERP j jn jlyses
jd jt j jrel jting jto j jll jbusiness joper jtions, jincluding jclient jd jt j, jproduction jst
 jtistics, js jles jd jt j j jnd jmuch jmore. jFor jinst jnce, j jn jERP jc jn jhelp jyou
jpredict jdem jnd, jcre jte j j jbudget j jnd j jn jlyse jyour jHR jfunctions. jD jt j j jn
jlysis joffers je jsy j jccess jto jvit jl jbusiness jd jt j j jnd jgives jyou jthe jtools jyou
jneed jto jtr jck jorg jniz jtion jl jproductivity j jnd jefficiency.

4. Reporting
M jny jpeople juse jthe jterms j“reporting” j jnd j“ jn jlysis” jsynonymously jwhen jt
jlking j jbout jERP. jWhile jthis jisn’t jtypic jlly j jn jissue, jit’s jstill jv jlu jble jto
jdistinguish jbetween jthe jtwo. jYou jc jn jthink jof jERP jreporting jc jp jbility j js
jthe jtools jneeded jto jconvey j jn jlysis jto j jn jend juser. jThese jtools joften
jinclude jcustomiz jble jd jshbo jrds, jG jntt jch jrts, jpie jch jrts, jb jr jgr jphs j jnd
jother jvisu jl jrepresent jtions. jM jny jsystems j jlso j jllow jusers jto jrestrict j jccess
jto jreports, jprotecting jv jlu jble jcomp jny jinform jtion.

5. Customer jRel jtionship jM jn jgement

Customer jrel jtionship jm jn jgement j(CRM) jsoftw jre jis jbenefici jl jfor j j jcouple
jre jsons. jFirst, j j jCRM jis j j jgre jt joption jfor jcomp jnies jwhose jcustomer jb jse
jh js jbecome jtoo jl jrge jfor jspre jdsheets. jSpre jdsheets jwork jwell juntil jyou jfind
jyourself jspending jmore jtime jupd jting jit jth jn j jctu jlly jusing jit jto jfind jinform
jtion. jSecond, jCRMs jwithin j jn jERP jcentr jlize jcustomer jinform jtion, j jllowing
jfor jquick j jccess jwhen jworking jwith jother jp jrts jof jthe jsystem. jFor jinst jnce, j
jn jintegr jted jCRM jen jbles jusers jto j jccess jbilling jinform jtion j jnd jcustomer j
jddresses jwhen jprocessing jshipments.