As the gap widens between what business software is capable of doing and what business processes need, pain points begin to emerge and this often leads to a search for ERP software capable of integrating workflows.
Businesses that sell products often have manufacturing, supply chain and distribution functions that the ERP system must address.
For organizations that sell services, ERP capabilities such as project management for service engagements and support for field services and sales operations are very important.
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Updated: December 30, 2014 To render ERP a worthy investment, companies should search for solutions that possess a series of key features and capabilities. Mobile functionality: Studies suggest that enterprise mobile workers will make up 73 percent of the workforce by 2012.
That's all the more reason to select an ERP solution that provides remote access to its database and processes.
Despite the wide variability in company needs for ERP, there is a core set of ERP components that most companies want: Finance Companies want to record, track and consolidate all of their sales and operational information in a central accounting system.
ERP financial software delivers this capability with centralized general ledger, accounts receivable, accounts payable and payroll systems.
Here are a few of the key factors that influence the total cost of ERP manufacturing software.