If you’ve done a little research into the world of EDI and business to business processes, you may have come across the term ‘ERP.’ Here’s a breakdown of what it means and how an ERP system can help your business.
What is it?
ERP stands for Enterprise Resource Planning. It’s a type of software that organises all the important data in relation to a business, like customer and product information and accounting data.
At NetEDI, we specialise in integrating our EDI solutions with your existing ERP. So, all the data flowing in and out of your company works perfectly together.
Why ERP is so important to your business?
1. It encourages growth
As your business grows and you take on more staff, staying on top of the day-to-day processes becomes more of a challenge. Having reliable ERP in place will help you stay organised and keep on top of everything.Many ERP systems are now cloud-based as well, so you don’t have to worry about installing and updating any software on your computers.
2. It allows for better visibility and decision making
ERP allows you to see all the important information using one interface. That easy access to data will give you a great sense of control and visibility. This will in turn give you more confidence that the data you’re using to make big business decisions is accurate and up-to-date.
3. Your staff will be happier
Communication is a huge part of making a business work internally and employees are always happier when the lines of communication between different departments are open and effective.
When you combine great ERP with a great EDI solution, your staff will reap the added benefit of being able to spend less time manually keying in data and more time focussing on more high value activities.
4. Your customers will be happier
Making sure you have the stock to supply demand is a big part of keeping your customers happy.
ERP will allow you to process orders faster. It will also allow you to make sure that you have the stock to deal with the orders you receive, as your data will be up-to-date and accurate. The visibility an ERP system provides will make it easier to identify how much stock you need to keep in and what your best selling products are.