Every business has diverse needs and equally diverse facets. These include operations, manufacturing, development, sales, marketing, HR etc. ERP software helps in integrating all these facets together.
We call it Enterprise Resource Planning (ERP) which is a kind of business management software used in organizations to merge the applications for managing the business.
The ERP software comprises of different modules which need to be purchased according to specific requirements. With better integration there is better visibility and transparency within the organization resulting in effective communication. There are many more benefits of ERP. At one point it reduces the inventory levels and lead cycle times, while it also results in lesser wasted efforts on part of employees bringing in an improved planning and overall low costs.
Of late there has been a new emerging trend where Saas, Software as a service is increasing used to alleviate the trouble of software maintenance, operations and support. Predictions have already doing the rounds that more of business application software spends will be on service subscriptions in the coming future. These software purchases will be delivered through the SaaS model. In this model, a hosted ERP application is provided through a secure data center along with data backup, 24X7 support and strong internet bandwidth.
Managing the complex IT infrastructure is increasingly becoming a daunting task for organizations. While on the other hand, a SaaS model enterprise solution offers a plethora of benefits. One sector that is going to benefit the most out of it is the Indian Government sector which is marred by poor IT infrastructure and resources. It will ensure low cost software which is scalable and dramatically reduce the cost of deploying an in-house IT staff and infrastructure. In other words, such companies can easily tap the expertise of an enterprise for which this area is a niche domain.
Being already installed at the SaaS service provider website, it does not need to be installed. The user can get, set and be ready by directly logging in to access the account. Secondly since the user has not invested upon the infrastructure or any kind of purchasing, he can always go about changing the software if it does not fit in his needs.
A hosted ERP solution is highly cost effective, easy and can even be deployed with minimum IT infrastructure for small scale startups. All you need is a simple internet connection without any hosting and managing solution. Therefore it is going to be a hot cake for future organizations playing an important role in the future of Enterprise Software.