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In current and future world, business decisions are strictly dependent on the accuracy of information generated from different kinds of data processed by departments in an organization.The best possible way to generate accurate information is through ERP systems, for any type of Cmpany/Organization.
Though the resultant information is generated from diiferent data, the accuracy of which is the key. ERP systems if properly selected for the subject organization not only helps in the accuracy of information, but simultaneously pin point errors (if any) in the data.This can be acheived through cross matching of information in applied modules of ERP.
ERP helps to put effective controls on different departments and helps in reviewing currently applied methods. In short ERP is required by every company irrespective of size, operational level, indusrty, trade or number of countries it is operating.
Each company which has to make important decisions that are not possible through pen and paper uses ERP. Because data is an important asset for companies so ERP gathers data at one place for decision making process. It is now implemented in most of companies.
Answer might be X, Y, & Z.
But for me; Only the companies those decide to success, will be in need to ERP. :)
An organization with a complex, and finely distributed buisness structure. ERP is not limited to industry type, rather it relates to organization size and distribution of operations on a large scale.
ERP addresses the information gap, faced by these large organizations
In my opinion, ERP is best for all type of companies ranging from small to large as it saves much time and easily accessible anywhere with internet. One can properly record in a very systematic way all transactions related customers and vendors individually and collectively. A quick and detailed report generation for every treatment. Beside this it gives accurate and complete record and save time spends on spreadsheets. Moreover a safety to all data of a company.
Companies from Small, Mid and Large size needs ERP Application to transparent their business process. ERP is for all companies if they can afford the application. Normally in market Retailers, Petrolium, Ecuation, Financial, manufacturing and many more use ERP System (Oracle EBS, SAP R3, Business-One, MS Dynamics) use to make work smart because all applications using in different departement are integrated with each using cenrtralized Database Systems.
Todays fast moving world every Mid level and Corporate companies must have ERP tools to keep the data organised and can share among the global branches.
every companies need this type of procedure, to avoid any problem in the future of the company.
All small,medium and large enterprises where multi processes are involved need erp.ERP integrates the processes and provides solution across the company for decision making.The data generated by each process can be effectively used for the next stage of process.There will not be islands existing in an organisation and reconciliation between departments will be reduced to bare minimum.Importantly any transaction will have an impact in the books of accounts.Since all the processes are integrated,a very high level of accuracy is ensured in a transaction.
Large Companies and Governarate Companies
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