ERP Implementation and Newer Trends

Enterprise Resource Planning, or ERP as it is commonly known, is a process management software that integrates all aspects of business operations, from product planning and development to manufacturing, advertising, sales and marketing, and more. 

By integrating the cloud erp system, it allows a company to manage all its functions, both front and back. In this way, many functions related to human resources, accounting, sales and marketing, production of products, services, and technology are combined with the help of software processes.

The term "enterprise application" is used because ERP applications can be extended to large enterprises and enterprises where specialized teams of technical staff adapt software to specific needs, analyze data to build a business, provide upgrades, implement and manage assets, etc. 

Therefore, using ERP is a means to provide a central repository of all data that can be accessed, shared, analyzed and correlated according to specific needs and requirements.

In the early years, ERP implementation and trends were slow, but in recent years a new focus requires faster growth and fundamental changes. Some of the leading ERP trends reported are:

• Mobile ERP

• Social ERP

• Cloud ERP

• 2-step ERP

However, ERP Applications for SMEs are lightweight business solutions tailored to specific applications in small industries.