A Short Guide to Enterprise Resource Planning 

If a global catastrophe was to block our usual way of working and networking, what would life be like? Sadly, we do not have to imagine this as a distant and unlikely event, for we have been living through it for a year now.  

On a lighter note, we have something to gain from all that happens. In this particular case, we have acquired an evident benefit: the rise of technology to revolutionize the operations of enterprises all over the world. Thanks to cloud-based tools, we have been able to advance in the workplace without much obstruction and that too from the comfort of our homes.

What is ERP

One of these technological tools has enabled unprecedented growth for organizations in the previous year, and it goes by the acronym ERP software  (Enterprise Resource Planning)

ERP or management software is supposed to manage and set down all the changes to the assets of an enterprise. This management is not limited to companies but also entails educational institutions, churches, hospitals, banks, soccer clubs, etc. As such, any organization can benefit or rather should benefit from this innovative technological tool. 

This software is used for administering billing and inventories, managing human resources tasks, or even for calculating payroll. If this had already played a significant part in enterprise management before the pandemic, the current circumstances have made integrating such virtual tools as crucial as ever for companies' progression, allowing us to handle them from any place.  

According to Microsoft Business Manager at Hiberus, Javier Arbiol: 

...it is crucial for any organization to have an Enterprise Resource Planning system, for it not only enables you to have data related to accounts and finance but presently works with other programs such as CRM  while also providing features like warehouse/project management that are vital for the progression of corporate activity.

Moreover, adds the expert, these tools offer something highly significant in the current situation: data analytics. He says that data has become increasingly relevant to organizations today, and the ability to interpret and manage it is vital. Analyzing data helps organizations work out what is benefitting them and what is not and even find ways to bolster user engagement.   

Advantages of ERPs

One of its many advantages is that an ERP system can be integrated by any type of organization. Arbio stresses that this system can adapt to all sorts of verticals, implementing a series of spot-on improvements on the standard solution.  

Other benefits of these systems include data centralization, association with third-party systems or bequest claims, or the prospect of operating in the cloud, hence allowing flexibility and adaptability that is almost unattainable in the local environment.

The ongoing pandemic has impacted activities such as a logistical purchase or buying raw materials or workforce. Thus, in order to help mitigate these problems, increased usage of ERP is on the rise. Furthermore, using ERP in SaaS (Software as a Service) mode enables extra security on the data of corporates, which is essential given the increase in cyberattacks around the world.

Need a tool that ERP, CMS, timetracking, and all the other enterprise tools for your business? We created "Thunderbolt" - a hybrid-SaaS enterprise management system that combines ready-made solutions for your company with unparalleled level of flexibility and customization. Contact us if you would llike to give it a test drive.