ERP
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What is ERP?
ERP is the acronym of Enterprise Resource Planning. ERP utilizes ERP software applications to improve the performance of organizations’ resource planning, management control and operational control. ERP software is multi-module application software that integrates activities across functional departments, from product planning, parts purchasing, inventory control, and product distribution to order tracking. ERP software may include application modules for the finance, accounting and human resources aspects of a business.
ERP is a system which has its goal, components, and boundary. ERP is a vast subject and its scope of study extends to diverse areas.
In order to have a good understanding one needs to keep abreast of issues ranging from implementation and deployment of ERP to the areas like ERP outsourcing, technical advancements, impact on international business, jobs consultation opportunities education and so on.
Leading ERP giants
This is a niche market where only the best gets to thrive. Needless to mention the money involved and other factors ensure a tug of war between the players. Some of the leading ERP giants are as follows:
SAP ERP
A specialized ERP product meant to solve technical and managerial issues SAP ERP continues to be the choice of many companies around the world. It helps companies to redefine their business operations. Some of the features and advantages of this software program are at par with industry standards though some others require to be improved in order to make it compatible to the end user.
Oracle
They have been in the limelight ever since they have purchased People soft ERP software. Another encouraging fact for them is the mass campaign carried by UNDP -United Nations Development Program to create an awareness of their products. They have also satisfies the customers of both oracle and people soft by offering many competitive features.
Microsoft.
This software major holds a promising segment in the Small and medium enterprises market. They have been constantly upgrading the versions and are expert in manufacturing the products from the vendor’s point of view .They have been taking a very liberal stand when it comes to the market and competitors so as to be more compatible to the users. More innovations will take the company to great heights in the market around the globe. The biggest advantage of this software is that many companies will prefer them for one reason that they can be easily run in Microsoft application and platforms.
People soft ERP
People soft ERP software program helps the companies to streamline their H.R. functions in an easy and effective manner. This software continues to be the undisputed leader in the market when it comes to H.R. operations anywhere in the globe. Oracles recent takeover of People soft has only been a boon to its customers who are now fable to access the E-services of Oracle also as a result of this merger.
UPS ERP
This ERP software has an important feature. They can work in combination with other applications like S.A. P. oracle .This will enable them to get the best features from each software and put them in use as may be demanded. This erp is also in limelight due to this advantage.