{"id":3053,"date":"2021-07-07T17:57:46","date_gmt":"2021-07-07T12:27:46","guid":{"rendered":"https:\/\/www.goseeko.com\/blog\/?p=3053"},"modified":"2021-10-30T07:40:36","modified_gmt":"2021-10-30T07:40:36","slug":"what-is-erp-software","status":"publish","type":"post","link":"https:\/\/www.goseeko.com\/blog\/what-is-erp-software\/","title":{"rendered":"What is ERP Software?"},"content":{"rendered":"\n<p>ERP Software is the current business environment is a rapidly changing one. Then the pace of change is continuously accelerating making it inevitable for organizations to reinvent themselves to succeed.<\/p>\n\n\n\n<p>Organizations need to respond to changing customer needs and grab market opportunities as and when they arise.<\/p>\n\n\n\n<p>Therefore the key to success for an organization in this rapidly changing business environment is to coordinate the supply chain.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Characteristics of ERP software:<\/strong><\/h2>\n\n\n\n<ol class=\"wp-block-list\"><li>ERP is a packaged software solution and not custom built for a particular client though some degree of customization. <\/li><li>Also they can be carried out to meet the requirements of the client.<\/li><li>Therefore it is uses the best available practices in business processes.<\/li><li>It also provides for their management and enables cross functional integration.<\/li><li>Firstly ERP provides for data sharing possibilities and makes it available to the user on a real time basis.<\/li><li>Lastly ERP does not provide strategic solutions and it is only an enabler and acts as the transactional backbone of the enterprise.<\/li><\/ol>\n\n\n\n<figure class=\"wp-block-embed-youtube wp-block-embed is-type-video is-provider-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"What is ERP software\" width=\"1170\" height=\"658\" src=\"https:\/\/www.youtube.com\/embed\/6qys-562kp4?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Advantages:<\/strong><\/h2>\n\n\n\n<ol class=\"wp-block-list\"><li>Integration<\/li><li>Flexibility<\/li><li>In proved planning and decision making<\/li><li>Latest technology <\/li><\/ol>\n\n\n\n<ul class=\"wp-block-list\"><li>Tangible benefits<\/li><li>Intangible benefits<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Limitation:<\/strong><\/h2>\n\n\n\n<ol class=\"wp-block-list\"><li>One preliminary designs ERP solutions for the manufacturing sector and project industry.<\/li><li>These solutions are not suitable for the service industry.<\/li><li>Through developments they have still not been so widely accepted.<\/li><li>The success of ERP hinges on the selection of the right package.<\/li><li>One should carry out Optimum customization of the package. <\/li><li>Need to match the software requirement and vice versa and hence one requires exhaustion detailing.<\/li><\/ol>\n\n\n\n<p>Interested in learning about similar topics? Here are a few hand-picked blogs for you!<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a rel=\"noreferrer noopener\" href=\"https:\/\/www.goseeko.com\/blog\/index.php\/2021\/04\/30\/what-is-an-earthquake\/\" target=\"_blank\">What is an Earthquake ?<\/a><\/li><li><a rel=\"noreferrer noopener\" href=\"https:\/\/www.goseeko.com\/blog\/intakes\/\" target=\"_blank\"> Intakes<\/a><\/li><li><a rel=\"noreferrer noopener\" href=\"https:\/\/www.goseeko.com\/blog\/earth-dam\" target=\"_blank\">What is Earth dam?<\/a><\/li><li><a rel=\"noreferrer noopener\" href=\"https:\/\/www.goseeko.com\/blog\/what-is-depreciation-2\" target=\"_blank\">Depreciation <\/a><\/li><li><a href=\"https:\/\/www.goseeko.com\/blog\/sedimentation\" target=\"_blank\" rel=\"noreferrer noopener\">What is Sedimentation ?<\/a><\/li><\/ul>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>ERP Software: Organizations need to respond to changing customer needs and grab market opportunities as and when they arise.<\/p>\n","protected":false},"author":3,"featured_media":3054,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[35],"tags":[],"class_list":["post-3053","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-civil"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.3.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What is ERP Software? 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