6 Benefits of ERP for Small Businesses

ERP (Enterprise Resource Planning) is the  business process management software that helps an organization (small and medium business) to use a system of integrated applications for managing business and automating several back office functions associated with human resources, services, and technology.  ERP is mainly used by large organizations considering its costs of installation and maintenance. However, it is increasingly used by small business enterprises in the contemporary era in order to streamline data that is available in several departments, make information available, take better decisions and enhance productivity.  Few of the core benefits of an ERP system can be highlighted as follows – 1. Integrate the flow of information ERP helps small business to integrate the flow of information between the different business processes in the organization while integrating business transactions with the financial system of the company in real time. It help...