ERP 'helps to create value'

Mon Feb 8 2010 17:17

Introducing enterprise resource planning can help firms improve both internal and external collaboration and communication, it has been suggested.

The wide-ranging benefits that implementing enterprise resource planning (ERP) software can have has been pointed towards.

An article by ERP Guide points out that introducing such solutions can help businesses to bring separate strands of a business together and result in "improved decision-making capabilities that manifest themselves in a wide range of metrics".

It was reported that having ERP software in place can encourage collaboration and communication within a firm and with outside partners, those looking to improve their order processing and stock management practices may be interested to note.

Furthermore, the financial close process can be improved while data can be accessed in real-time.

"ERP can be used to help firms create value," it was also reported.

Meanwhile, it was revealed that Town & Country Fine Foods had worked with Creative Computing Solutions on the implementation of Microsoft Dynamics NAV, technology which has helped it take a more proactive approach to stock management and responding to customers' orders.