Gone are those days when businesses managed their data on paper or spreadsheets. Today, they rely on Business ERP solutions, tailor-made as per the company requirements. The tool automates critical business processes and serves as a shared database. It pulls in data from different departments and into various modules. Hence, the employees get access to information whenever possible.
The ERP software serves as a single source of data for all workers. It is cross-functional that supports smooth business operations without hindrance. The centralised database promotes faster decision-making via automation. This way, you can reduce labour costs, minimise errors and enhance productivity.
Common Modules of ERP Software
Every ERP Business Software consists of common modules built according to company objectives. The modular design provides data and supports the processes for employees to perform their tasks.
Some basic ERP modules are as follows –
Human Resource
This module helps the HR team to manage their HR tasks. It serves various functionalities such as –
• Storing employee information
• Tracking their records
• Monitoring performance reviews
• Job designation
• Job description
• Leave schedule
• Attendance tracking
There are sub-modules under this like payroll management, reports etc. You can use it to check employee travel and medical expenses, reimbursements and more.
Inventory Module
This module is advantageous for companies like garment and leather manufacturing. You can use it for the following –
• Store data about the item’s stock
• Easy identification with unique serial numbers
• Supply and demand control
• Shipment tracking
• Stock utilisation reports
You can integrate it with other modules for productive outcomes.
Sales and Purchase Module
The module takes care of typical sales process in an organisation like –
• Handling sales queries
• Quotation drafting
• Accepting orders
• Drafting invoices with proper taxation
This module helps you perform the tasks without fail. It enables you to keep track of pending sales orders, parcel shipments and more.
Purchase modules, on the other hand, take care of tasks like-
• Procurement of raw materials
• Managing supply/vendor listing
• Sending requests to the vendors
• Receiving quotations
You can track the purchase of business products and update the stocks.
Customer Relationship Management
The CRM module helps boost business engagement and sales performance. It lets you maintain continuous customer service. You can establish a healthy relationship with your clients by responding to their problems. You can track detailed information about them, like their calls, purchase details, etc. It will help the business benefit from future sales opportunities.
Get your business ERP solution designed by the experts at BizERP. We design the best ERP modules for an end to end business management.
