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The beauty of modular ERP software is that a company can add this functionality while keeping the same foundation in place. It can then add ERP modules to address new needs or challenges as the organization evolves. An organization can purchase only the modules relevant to its business model, operations and key challenges. The modular design of ERP allows it to meet the shifting needs of a business and is a big reason this software has become ubiquitous. If the ERP system is the toolbox, the modules are the screwdriver, wrench, hammer and other tools in the box that each have specific uses. Every module plugs into the ERP system, so the system provides a single source of accurate data, even as the business adds new modules. What Are ERP System Modules?Įach ERP module is designed for specific business functions, providing the data and supporting the processes that will help those employees do their jobs.
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More functionally-rich solutions may also include professional services automation (service resource management), human resources management, ecommerce and marketing automation. Additionally, ERP can automate many tasks, reducing errors and freeing up employees to focus on more strategic work.Ĭommon ERP modules support back- and front-office functions like finance and accounting, procurement, manufacturing, inventory management, order management, warehouse management, supply chain management, customer relationship management (CRM) procurement and workforce management. It also drives better decision-making that leads to more efficient processes and cost savings. This single source of information minimizes data accuracy and consistency issues and ensures everyone is looking at the same numbers, no matter their role. It pulls this data from a number of modules built to help various departments, from accounting to supply chain to human resources, perform their individual functions.Īn ERP solution gives all employees access to the information they need to answer important questions about their department’s current performance and future planning, as well as target areas for improvement. An ERP solution automates critical business processes and serves as a shared database for all financial and operational information from across the company.
Middle East, Nordics and Other Regions (opens in new tab)Įnterprise resource planning (ERP) systems have become a critical tool for businesses over the past several decades.United States / Canada (opens in new tab).Advertising & Digital Marketing Agencies.Advertising and Digital Marketing Agencies.
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