Think
about all the core processes needed to run a company: finance, HR,
manufacturing, supply chain, services, procurement, and others. At its most
basic level, ERP integrates these processes into a single system.
But new ERP systems are anything but
basic. They use the latest technologies – such as machine learning and AI – to
provide intelligence, visibility, and efficiency across every aspect of a
business.
How a next-generation ERP system works
See how new ERP uses digital assistants to help
you focus on what matters, artificial intelligence (AI) and machine learning to
automate processes, and predictive analytics to support real-time decision
making.
1.Higher productivity
Streamline and automate your core business processes to help
everyone in your organisation do more with fewer resources.
2.Better insights
Eliminate information silos, gain a single source of truth, and
get fast answers to mission-critical business questions.
3.Accelerated reporting
Fast-track business and financial reporting and easily share
results. Act on insights and improve performance in real time.
4.Lower risk
Maximise business visibility and control, ensure compliance with
regulatory requirements – and predict and prevent risk.
5.Simpler IT
By using integrated ERP applications that share a database, you
can simplify IT and give everyone an easier way to work.
6.Improved agility
With efficient operations and ready access to real-time data,
you can quickly identify and react to new opportunities.
An ERP system, also called an ERP suite, is
made up of different enterprise resource planning applications that talk to
each other and share a database.
There are three different types of ERP
implementations – cloud, on premise, and hybrid. Explore the benefits of each
and choose the one that makes the most sense for your business.
BENEFITS
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