Enterprise resource planning (ERP)

Proven Enterprise resource planning (ERP) Solutions in Iraq 2022

In the last decade, ERP systems have become a vital part of any company’s ability to function and grow. ERP systems are typically designed to integrate data from multiple sources into a single database for analysis.

What ERP software means?

ERP stands for Enterprise Resource Planning , It is a type of business software that integrates all the functions of a company into one system. ERP can be used to manage and coordinate the flow of information and material between different departments in an organization or between different organizations.

Why enterprise resource planning is important for your business ?

Enterprise resource planning is the process of managing all the resources in an organization to achieve its goals.

  • Improve security and accessibility: With ERP software, all of your company's information is secured and centralized in one system. This means you can easily track everything from inventory levels to customer data.
  • Business growth: when there is an ERP system in place you can easily scale your business as it grows without having to worry about compatibility issues.
  • Increase performance: It's a vital part of the company's IT infrastructure. ERP systems are designed to improve organizational efficiency, product quality, customer service, and profitability.
  • Save costs: by automating processes and eliminating human errors , it optimizes inventory levels, production schedules, and customer service. And Integrates data from all departments to make better business decisions.

How enterprise resource planning works ?

Enterprise resource planning (ERP) allows an organization to store and manage data in a single place. It reduces manual labor and simplifies workflows. ERP systems provide real-time data and integrated modules which allow managers to make decisions faster.

What are the types and modules of ERP system ?

ERP Systems are the backbone of every organization. They not only help in streamlining business processes but also help in achieving organizational goals.

There are three types of ERP systems :

  • Cloud ERP is a web-based application that is hosted on a third party server and accessed from anywhere with an internet connection.
  • On-premise ERP is an application that is hosted by the organization on its own servers and accessed from within the company's premises only.
  • Hybrid ERP is a combination of both these types where some parts of the system are stored on cloud servers while other parts are stored locally.

Each type has one or multiple ERP modules that help organizations in day-to-day business activities. It is a suite of integrated applications that work together to provide insights on the company's performance and future prospects.

  • Customer relationship management (CRM) : used to manage customer data, track customer interactions, and more.
  • Supply Chain Management (SCM) : integrates the flow of raw materials, parts, and components from the point of origin to the point of consumption.
  • Sales and Marketing Management (SRM) : It’s the process of combining sales and marketing to achieve the company’s goals. The goal of SRM is to increase sales for a company by maximizing customer satisfaction, loyalty, and retention.
  • Product Lifecycle Management (PLM) : involves designing, developing, manufacturing, distributing, marketing and servicing the product.
  • Human Resource Management (HRM) : includes managing people in the workplace and it deals with people management, recruitment, training, performance management etc.
  • Financial module: It provides the tools that are needed to manage the financial aspects of a business, including budgeting, planning, forecasting, and reporting.

How to choose the right ERP software for your business ?

ERP software manages the company’s production and financial activities.

Choosing the right ERP software for your business needs and budget is a difficult task. There are many factors to consider before making a decision. However, there are some things that you should always keep in mind when choosing an ERP software:

  • Your business needs: The first thing to do is define your business needs and requirements, as this will define the type of ERP software you need.
  • Scalability: You can't go wrong with choosing an affordable option for your company's budget. But make sure it's also flexible enough to grow with your company as it grows.
  • Integration: One of the most important things to consider when choosing an ERP system is its integration capabilities with other systems being used in the company.
  • Implementation: The implementation partner plays a major role in this process. A partner should have deep industry expertise, global reach, and can help you with the right tools, training, and support.

At Ejaf Technology we offer a globally spread business ERP software and we are devoted to performing the ERP implementation in the best possible way.

With years of experience, solid understanding, and highly skilled expertise on our field. This makes us knowledgeable about the needs of our clients, which is why we can provide them with finest service quality and solutions that are tailored to their specific needs.

We are committed to providing our clients with the best possible service. We take care of all aspects of your data ensuring that it is safe and never compromised.