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ERP – What is an ERP and what can this system do for your company?

The world of ERPs and their multiple benefits are the topics covered in this article, the main purpose of which is to explain, once and for all, what an  is and how a system of this type can contribute to the development of your business. Enjoy your reading!

What does ERP mean?

ERP (an acronym in English that means Enterprise Resource Planning) is nothing more than an integrated management system that aims to automate, based on artificial intelligence and Business Intelligence algorithms, a company’s operations.

The main objectives of an  system are:

  • Routine automation
  • Routine integration
  • Multi-channel data integration
  • Data Organization
  • Management of demands, tasks, items, people, business units, financial factors and performance
  • Control of assets (physical, digital and human)
  • Performance management
  • Results management
  • Relevant determine the layout and format of the advertisement support for decision making

Main differences between physical ERP and cloud ERP

There are several types keep your budgets up to date of s available for purchase on the market, and their primary classification is divided as follows:

 

Cloud  : Online management software that does not require physical installation, i.e., it operates in a virtual environment and whose responsibility for storage, security and technology aspects is the responsibility of the developer (such as Rizer’s management systems ).

Standard ERP or Custom ERP?

Both a physical ERP and a awb directory cloud ERP developer can provide solutions under the following categorizations:

Standard : management system with standardized or slightly customizable modules, forms, reports and dashboards. These are more static options for companies that do not need a management system customized to their routines.

Customized ERP: modular management system that allows the user to create customized modules, forms, reports and dashboards.

How much does an  management system cost?

The price of an  varies according to your company’s needs.

There are developers with  established names in the market who offer monthly usage licenses, most of the time in US dollars. The price usually varies between $150 and $300,000.

 

How does an ERP work?

Generally,  platforms and software are divided into specific modules designed to manage departmental demands.

The main advantages of an 

 

The use of technology as an ally for business scalability is, without a shadow of a doubt, indisputable.

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