5 processes you can optimize with ERP software

ERP software is an important part of the modern enterprise and can help us optimize processes in many ways.

Due to these benefits, recent years have seen an increase in the adoption of ERP systems, with a 10.2% annual growth rate in the global ERP market (2019-2026).

What is ERP software?

An ERP software is a system that helps companies manage their operations. It is an effective way to automate business processes and improve efficiency.

Because of how flexible an ERP system is, we can use it for a variety of purposes. Among them: inventory management, sales orders, production orders, planning and accounting.

How to optimize processes with ERP functions?

1. Human resources

According to G2 figures, one of the main reasons for implementing an ERP is to increase efficiency (35% of companies) in different activities. Similarly, it is estimated that an ERP system can reduce administrative costs by up to 22%.

These are very important advantages in the human resources area, where it is necessary to handle large volumes of information for payroll. With the functions of an ERP, we can automate the calculation and payment of remunerations based on the total hours worked, saving time and eliminating errors.

2. Accounting

An ERP helps us to automatically record accounting entries, manage bank reconciliations and generate reports based on the information recorded in the system (e.g., sales and purchase data). In fact, 60% of executives prefer to generate reports directly in their ERP system according to G2, taking advantage of automation features to save time.

3. Product and service design

According to Accenture statistics, 80% of companies using ERP say that the software allows them to leverage business logic and data from other departments to create new solutions.

In addition, 79% of companies say that ERP helps them innovate and that they can use it in other areas of their operations.

4. Customer relationship management

In a world changing with new technologies and products, customer expectations are also constantly changing and it is not always easy to keep up with them. Again, this is where we can benefit from the advantages of an ERP system:

Accenture figures indicate that 38% of organizations using ERP solutions have improved their ability to meet customer demands.

On the other hand, 75% of companies believe that having this type of system improves their ability to interact in real time with consumers.

5. Inventory and supply chain

Another benefit of an ERP is that it allows us to keep track of all the information related to inventory and supply cycle, such as the value of our stock items, their location, date of purchase, available units, etc.

In addition, we can monitor the time elapsed since the purchase of each item to analyze whether it should be removed from stock (for example, because it is obsolete or has low rotation).

Defontana is an ERP Peru designed for your company to start saving time and enjoy more efficient operations from the very first moment. Our cloud-based software helps you keep track of inventory, finances, sales, purchases and other key indicators for business success.