Main Functional Modules of an ERP system

Posted By : Waqif Ali Nasir | 20-Dec-2018

Enterprise Resource Planning (ERP) is a System or software that can be used to manage all the resources of an enterprise. Right from employees to resources including your products and materials everything can be managed and tracked by using ERP Systems. ERP is a cross-functional software which helps to integrate the different departments through a centralized application.

 

We, at Oodles technologies, provide cost-effective custom ERP solutions development services to fulfil your unique business requirements. We as business leaders make informed decisions by generating essential business insights and creating an intuitive ERP user interface.

 

ERP is a vast subject and contains around 20 to 25 different modules. Below are the most used modules of ERP.  

 

  • Human Resource

  • Inventory

  • Sales and Distribution

  • Procurement

  • Finance and Accounting

  • Customer Relationship Management

  • Production Planning

  • Supply Chain Management

 

Human Resource

Human Resource module helps the HR team to efficiently manage human resources. HR module helps manage complete employee information and keeping a track employee records including performance reviews, designations, job descriptions, skill matrix, time and attendance tracking. One of the important submodules in the HR module is Payroll System which helps to manage salaries, payment allowances etc. It also includes travel Expenses and reimbursement tracking.

 

Inventory module

Inventory module can be used to track the stock of items and also it’s availability and when we need to replenish the stock. Items can be identified by unique numbers. Using that unique numbers inventory system can keep track of the item and trace its current location in an organization and also it’s availability and stock limit.

 

Inventory module includes functionalities like inventory control, Bills of materials, replenishment systems (One Bin and 2 Bin replenishment method).

 

Sales and Distribution module

Typical sales process includes processes like lead generation and inquiry analysis and handling, quotation drafting, generating and accepting sales orders, drafting sales invoices with proper taxation, dispatch/Shipment of material or service, tracking pending sales order.

 

Procurement module

As the name indicates, procurement modules take care of all the processes that are a part of the procurement of items or raw materials that are required for the organization. Purchase module consists of functionalities like generating the requisition which includes items required, the vendor or supplier information, supplier and item linking, sending quotations to the vendors, analysis of quotations from vendors, preparing purchase orders, tracking the purchase items, preparing GRNs(Good Receipt Notes) and updating stocks and various reports. Purchase module is integrated with the Inventory module and production planning module for updating of stocks.

 

Are you planning to integrate ERP solutions to your business processes?  We are an India based ERP development company that has a team of ERP experts who develop solutions using open source technologies. We enable businesses to implement the latest technologies to stay ahead of the curve. Our ERP solutions facilitate coordination between separate departments to meet the organization’s emerging challenges. The aim of our ERP development services is to improve customer loyalty and build long-term relationships.  

 

 

About Author

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Waqif Ali Nasir

Waqif is an experienced Business Analyst with sound knowledge of Advanced excel,SQL and ERP tools. He loves to explore and is up for new challenges.

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