The ERP software seems to have changed the world of business by consolidating and incorporating a multi-functional enterprise into a simple network that can be run and managed from one central location.
There are several startups working on specific aspects of the ERP software.These include:
1.Anaplan – it works on the data processing, analysis of historical data and model building to enhance effective business planning and execution.
2.Selectica – it deals with developing a software that improves the effectiveness of sales and provides a platform for easy contract management.
3.Zoura – its software provides ease in dealing with commerce and finance which makes it relevant and useful in launching a new product.
4.Glovia – its deals with a manufacturing software that deals with different stages of a product’s development.
5.Kenandy – this software mostly aims enterprises that design, manufacture and distribute their own products.
Choosing an Enterprise Resource Planning (ERP) system for your software company is a very important function; and could be very easy as well. I will not list any particular vendor for some reasons. However, if you are to pick an ERP system from any vendor, consider the following:
1. ERP processes. What are the processes or functions the ERP can take care of especially for a manufacturing company that you are? It must be able to process your accounts for several products, buying (though limited) utilities, human resources etc.
2. Size of your company. The size of your company is also very important. Your company is most likely to be in the small and medium scale industry, hence pick one that suits your category.
3. Price of the system. Although the price of the system should not be an issue as long as you get value for money. But then, pick one that you can afford. There are even some that are almost free to being free.
4. Multi-nationality. You’ll most likely need a system that can process sales in many countries, languages and perfom tax operations for different countries.
Overall, be careful to choose the system for you because eventually, it is about meeting your needs. Your company is the most important factor even more than the system itself.
Enterprise Resource Planning concept enables tech companies to store all their data in one place. This tool helps businesses to visualize and analyze the efficiency of their resource usage both within and outside the company. The tech companies are using different ERP software systems. They include ERP Mark 7, ERP Integrated Solutions and NetSuite. ERP Mark 7 is a powerful ERP software integrating UPS functionality to give tech companies real time information on their internal core processes. With this system, customers can access information related to shipping of their products efficiently. This information is directly accessed from the system without any need to be redirected to an external website.
The ERP Integrated Solutions system enables tech companies to integrate their shipping functionality directly within the software and hence eliminating any need for external shipping solutions. It also uses UPS technology to provide real time information. It is an efficient system with good return on investment. NetSuite is a web based fully integrated ERP software application that is able to run various components of your business. It provides the company employees a real time visualization of information. The UPS functionality also enables the streamlining of the data exchange processes within the company.