Need of an ERP System for SMEs & Enterprise

When it takes longer to reconcile financials at the end of the month, when Sales Forecast are based more on guesswork than solid figures, when there is no idea how much  inventory  is there in the warehouse, then it may be time to consider an  ERP  system. #1: There is much Different Software for Different Processes Spend a few minutes thinking about how employees at the company record, track and process information. When various front- and back-end systems run separately, it can wreak havoc on the processes that are meant to ensure the company is running smoothly. Without accurate data from sales, inventory management may suffer, while not having the latest information from accounting can trigger a ripple effect on everything from marketing budgets to payroll. ERP software integrates these systems so that every business function relies on a single database. With one source of information that contains accurate, real-time data, an ERP solution helps...