system is a comprehensive suite of integrated business applications designed to streamline and automate various business processes within an organization. The features of an ERP system can vary based on the specific needs of the business, industry, and size of the organization. Here are some common features found in ERP systems:
-
Financial Management:
- General ledger
- Accounts payable and receivable
- Budgeting and forecasting
- Fixed asset management
-
Human Resources Management:
- Employee management
- Payroll processing
- Time and attendance tracking
- Recruitment and onboarding
-
Supply Chain Management:
- Inventory management
- Order processing
- Procurement
- Supplier management
-
Manufacturing Management:
- Bill of Materials (BOM)
- Work order management
- Quality control
- Production planning and scheduling
-
Customer Relationship Management (CRM):
- Customer data management
- Sales and lead tracking
- Marketing automation
- Customer support and service
-
Project Management:
- Project planning and scheduling
- Resource allocation
- Task management
- Project tracking and reporting
-
Business Intelligence and Reporting:
- Dashboards and analytics
- Real-time reporting
- Data visualization
-
Collaboration and Communication:
- Integrated communication tools
- Document management
- Collaboration platforms
-
Compliance and Risk Management:
- Regulatory compliance
- Risk assessment and management
-
Customization and Integration:
- Flexibility to customize modules
- Integration with third-party applications
-
Security and Access Control:
- Role-based access control
- Data encryption
- Audit trails
-
Mobile Access:
- Access to ERP functions via mobile devices