Ed Oates

What is ERP | Enterprise Resource Planning

By Jag - June 07, 2018

Enterprise | Oracle ERP


What is ERP and how can it help your business ERP stands for Enterprise Resource Planning. It refers to the Systems and Software Packages used by Organizations to Manage Day-To-Day Business Activities, such as Accounting, Procurement, Project Management and Manufacturing.

Streamlined Processes and Improve data visibility around Finance Project anagement and Manufacturing, however, the cost of ownership began to climb significantly and on-premise ERP couldn't keep up with modern security demands or technology trends.

Oracle ERP Founders: Larry Ellison,Bob Miner,Ed Oates

What is ERP
What is ERP

ERP evolved to embrace the Internet with new features and functionality enter ERP cloud the cloud offers a more affordable alternative for ERP.

Software and Hardware or additional IT staff ERP cloud enables organizations of all sizes and across all industries to make significant cost savings improve.Business Insight Enhance Collaboration and Increase Efficiency Oracle ERP cloud is built for the digital age elivering on the promise of the End-To-End Process Visibility and speed all at a lower cost.

Inside Oracle ERP Cloud,Tools designed to transform:

  • Financials
  • Revenue Management
  • Accounting
  • Project Management and Finances
  • Procurement
  • Risk Management
  • Order Management Inventory


The Business Value of ERP


1.Improved business insight

From real-time information generated by reports


2.Lower operational costs

Through defined and more streamlined business processes


3.Enhanced collaboration

From users sharing data in contracts, requisitions, and purchase orders


4.Improved efficiency

Through a common user experience across many business functions and managed business processes


5.Consistent infrastructure

From the back office to the front office, all business activities have the same look and feel


6.High user-adoption rates

From a common user experience and design


7.Reduced risk

Through improved data integrity and financial controls Lower management and perational costs Through uniform and integrated systems



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3 comments

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