Many businesses have reaped the benefits of Enterprise Resource Planning (ERP). One of its defining features is integration, which has become something of a hot topic in the business arena. But what is software integration, and why is it so important in an ERP platform? Read on to find out:
Integration is likely to become one of the trending buzzwords of 2021, and a familiar face in training business leaders of the future. The word means “bringing together the parts of a whole”, and in the business landscape this means optimising your software so that organisational functions are operating harmoniously. In an integrated system, if a customer makes a purchase the order form is automatically alerted, the goods are despatched, the accounts are updated, and an invoice is instantly sent. This integrated approach results in streamlined, efficient operations.
A key term in ERP is ‘module’. Each business function has its own software module, and these can be utilised like a pick-and-mix that is tailored to your business needs. The core modules include online sales, inventory management, and invoicing. However, the list of modules to choose from is extensive. For example, Brexit has increased demand for export documentation modules, and lockdown has upped the requirement for mobile apps.
One of the primary benefits of the integrated modular ERP approach is that it enables companies to have the ability to respond to changing requirements during unprecedented times. If the pandemic has taught us anything, it is that businesses need to be able to move, and move fast. There is no such thing as a one-size-fits-all solution when it comes to software, and integration makes it possible to optimise cloud-based ERP software to suit the unique needs of the organisation. This makes it budget-friendly, scalable, and personalised.
One of the main purposes of a cloud-based ERP is to increase communication between different business functions. Historically, business processes were handled by separate departments. Today however, the need for seamless communication is well-understood. The positive results include enhanced efficiency, reduced duplication, and improved supply-chain management. By integrating data from website traffic and sales, the relationship between marketing strategies and customer behaviour can now be more deeply observed. If a company is focused on growth, integration is invaluable.
Cost management is always a balancing act, but an integrated ERP solution takes away the uncertainty. Automated systems ensure that functions such as inventory management are always in line with actions such as sales. This cuts costs in several ways. It frees up time, reducing the hours traditionally invested on cumbersome spreadsheets, and also prevents errors, such as miscalculating an order or forgetting to send an invoice.
When it comes to employing integration in your supply chain, Option Systems offers a robust, cloud-based ERP designed for the apparel sector - STYLEman. For more information, or to arrange a free software demonstration, please get in touch.
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