ERP Insights >> Magazine  >> August - 2020 issue

Erp To Simplify, Streamline And Automate SME Operations

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Thursday, October 22, 2020

Over the past few years, planning has turned into a highly mechanized process, however, with the advent of Enterprise Resource Planning (ERP), organizations are expanding their horizons. Enterprise Resource Planning (ERP) is a system that integrates the fundamental processes which are necessary to run a firm, this includes manufacturing, human resource, finance, and supply chain that can all be managed into a single system. The new-age ERP solutions offer efficiency, analytics, and visibility which in all aspects benefit the business. While Modern ERP systems leverage new technologies to facilitate the flow of information in real time across all departments, this also allows the enterprises to manage performance and make informed and timely decisions.

Today, most companies ranging from small to medium-size (SMBs) are implementing ERP solution to meet their business demands. However, each small and medium size business requires an ERP system which is compatible their its unique business needs like centralized data to transformed business operations. The right ERP solution can provide numerous benefits to small businesses, therefore, businesses need to invest in the most effective solution � one that matches with their needs, manageable and which fits the type of industry.

Today, many companies are concerned about hidden costs, extra services, and the internal resources involved in implementing new systems. Thus, understanding these requirements of businesses in the retail industry, ERP Insights brings you the list of �Top 10 ERP Solutions for Small and Medium Enterprises � 2020�. A distinctive panel comprising of CIOs industry analysts, retail industry experts, and ERP Insights� editorial board have cherry-picked the companies who provide high quality ERP solutions and services tailored to meet the needs of the Small and Medium Businesses.