What makes Intelligent ERP so important in today's business environment? In the present day, we have an enormous amount of data in digital form. There are images, audio, videos, bar codes, and the list goes on. With the increased use of the internet since 1990, there has been an enormous amount of digital content that has been added to data, resulting in the need for advanced technologies like Artificial Intelligence and Machine Learning. With the help of new technologies existing products, processes and organizations can be changed into usable and new ones. Hence the requirement for advanced Enterprise Resource Planning (ERP) to achieve digital transformation.
When we examine industry-specific requirements in data management, we find that many industries manage and maintain vast quantities of data in various formats. Whether that's employee portals, HR/Payroll, sales, purchasing, inventory, accounts, assets, or services. This is where ERP (Enterprise Resource Planning) comes in, which combines all the above-mentioned basic core needs to organize a company. And this is where ebizframe comes with its unique and innovative intelligent ERP amongst all other ERPs available in the market.
ERP is software designed as per the organization's requirement and customization depending upon the database on which it needs to be performed. Increasing complexity in business functions and frequent changes in the competitive environment led to the evolution of Intelligent ERP.
Organizations can use Enterprise resource planning (ERP) to manage day-to-day business activities such as accounting, procurement, project management, risk management and compliance, and supply chain operations. Eg, in the supply chain industry, an intelligent ERP system could automatically run a financial analysis and predict future stock needs to keep inventory at a healthy level. This process control ensures that the manufacturing department is performing at optimal capacity and that in-demand products are in stock.
With the absence of ERP, businesses would be forced to run in a vacuum. One department would be clueless about another department's data. ERP bridges the gap between useful data/information of various departments which can be shared and integrated into one system. ERP enables the business to manage multiple-level processes through a single system. ERP applications that make use of Machine Learning and advanced analytics are built on large, curated data set to forecast track, learn, route, analyze, predict, report, and manage these resources and business processes.
A few of the enablers of Intelligent ERP are:
Advanced technologies like IoT, cloud, big data, and Machine Learning allow businesses to change their business model and create new products and services in the digital economy. Hence Intelligent ERP Software is the new backbone of digital transformation, and it is running today and tomorrow's businesses in an advanced digital world.
ebizframe intelligent ERP is a one-stop solution to all the problems faced by businesses. ebizframe uses advanced technologies and best practices within agile integrated business processes. ebizframe will eventually add the operations, experience, and intelligence required for a business to perform in integration and better. Eastern Software Systems is working on various industry verticals embarking intelligent ERP across Africa and other continents. Contact us today to discover the best technology solution for your business! You can also send an e-mail to email@example.com