What is ERP?
ERP is an acronym for Enterprise Resource Planning. So, what does this really mean? An ERP system is quite simply software that manages almost every aspect of running the various departments of your business. ERP systems such as ChannelSnap utilize your business rules to manage functions such as quotations and sales, customer relationship management (CRM), human resources, finance and accounting, purchasing & inventory, field service, manufacturing & production as well as marketing. All of this information comes together into one comprehensive environment that can be accessed by authorized individuals throughout your organization.
Integration & Automation
Effective ERP system integrate processes across business functions. For example, what happens in the sales department has an impact on accounting, production, field service and vice-versa. ChannelSnap uses a shared database to make connections between the functions (business rules) and processes that connect various business units.
ChannelSnap helps automate and streamline tedious back-office procedures. It provides structure and uniform workflows to daily scenarios that can be complex. An effective ERP will lay the framework so that data is consistently and accurately captured, consumed and reported regardless of which user inputs it.
Ultimately, an ERP helps employees do their jobs more effectively and efficiently by removing the barriers between business units.
Effective & Efficient
ERPs help make organizations more efficient, and ultimately save you money.
Some of the key reasons that companies use ERPs are:
-
Provide business leaders with real-time visibility into their operations and processes
-
Provide the ability to identify challenges, discover new opportunities and make better decisions
-
Streamline tedious tasks and help define complex processes
-
Data can be shared between departments, and in the case of ChannelSnap, can be accessed anywhere
-
Help improve productivity while minimizing costs (eg. dynamic inventory reorder points)
-
Improve team collaboration
-
Offer powerful reports and business intelligence that lead to better business decisions
-
Provide consistency of tasks and accuracy of data between users
Should you ever have any questions regarding an ERP implementation, or if you are interested in the ChannelSnap offering, please contact us.
