Implementation Of ERP In SME

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Companies implement Enterprise Resource Planning (ERP) systems to achieve integration of their business processes to perform with a competitive advantage over the other companies. ERP is considered till date the best solution for the Small and Medium Enterprises (SMEs) in order to face and compete in the ever growing global market. This study is an attempt to find the effectiveness of implementation of ERP in Small and Medium Enterprises (SMEs) & its benefits to the organization .While implementing ERP for the SME, four issues crucial to be considered are already defined scope, proper system implementation , minimum customization & proper project planning to implement organization wide ERP. ERP can be created in such a manner that it is flexible …show more content…
It provides Business Modules to provide organization wide software solution at single click with maximum efficiency of any industry to the maximum extent by improving the quality of services provided by an organization & hence improve the customer satisfaction & perception about the organizations products & services. The success factor of the ERP for industry depends on proper implementation, adaptation and usage. Well designed & implemented ERP never fails. ERP software in this competitive era gives benefits to the company even if the cost of implementation of ERP software is very high. Once ERP is implemented research says that the ROI (Return on Investment) of ERP is very high & the benefits are achieved within year or …show more content…
ERP increases the overall security of the company resources & Data by setting well defined roles. ERP makes the operations easier by providing the tools to deliver high and uniform standard of services at each level of company. In a nutshell, ERP is a tool of business benefits & should not be viewed as standalone initiative with the requirement to payback its implementation cost. The most important benefits include higher visibility about procurement spend & savings from improved sourcing policies. ERP reduces the time for work in progress and the days of sales outstanding. ERP improves productivity by better sales order handling, better procurement operations & more efficient

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