Accounting to Warehouse Management: The Vast Benefits of ERP Software

Have you taken a moment to assess what it costs your company every time you need to replace an employee? While it is true that some turnover is to be expected, turnover that is higher than the industry standard is an indication that something is wrong. Your ERP software implementation can take your human resource efforts to the next level, ensuring that the hiring manager in the HR department understands exactly what you need out of your next employee and how best to right-fit a candidate for that position.

Hiring the right person is only part of the human resource focus of any robust ERP software platform. In fact, Human Capital Management elements often focus on resource management to properly administer payroll, FSAs and compensation. Workforce management ensures the HR departments can handle complex workforce management challenges efficiently and cost-effectively. This feature allows for proper scheduling, time and attendance tracking, absence handling and performance support.

Reporting tools in the HR department are also essential, and should be part of a strategic ERP software implementation. With customized reporting and analytics, insight can be captured on nearly any HR issue. When these issues can be resolved quickly, your company can streamline costs and other resources allocated to this function. And, with an integrated approach, all managers across all divisions have clear visibility into the skills and performance expectations of their employees.

Your Supply Chain – The Benefits in ERP

How well can you manage your supply chain? This is an important question if you rely on the streamlined operation of that supply chain to produce profitable results for your bottom line. When you make your supply chain a key focus in your ERP software selection and implementation, you can effectively drive long-term profitability and position your company as having a competitive edge. With this platform in place, you gain a 360-degree view of your entire supply chain network, something that will completely elude you and all of your supply chain partners with you rely on manual or disparate systems.

The monitoring of all activities across the supply chain gives you enhanced capabilities when it comes to making rapid decisions that will affect the business. A proven ERP software platform will ensure you have access to more effective tracking and management of all related processes within the supply chain, from the ordering of parts, through to the manufacturing of the customized product, to the delivery of the goods to the end customers. When all of these activities can be tracked in real-time, you know exactly when your orders can be filled.

An ERP software implementation can also ensure you can minimize delays in the supply chain that can lead to damaged relationships and even lost business. With an integrated approach provided by an ERP platform, vendors shipments are more likely to be on time, production lines can maintain expected levels of operation, logistical errors can be eliminated and your company’s overall approach to customer satisfaction is enhanced. These benefits are the result of the enhanced collaboration that is inherent in ERP software applications integrated across the organization. Real-time visibility for all supply chain players keeps everyone on the same page and reduces your overall costs.

Warehouse Management – Moving and Storing According to Demand