• Financial Reporting and Accounting
• Product Development
• Product and Project Management
• Sales and Marketing
• Quality
• Supply Chain
• Manufacturing
• Materials and Inventory Management

A Successfull ERP System Implementation reduces much duplication within an organization. Disconnected systems require much data, such as customer names and addresses, inventory levels, and standard costs to be entered many times into many systems. The results, not only in the extra effort to enter the data, but also the increased effort to update the data and the increased opportunity for errors. Automation of business processes reduces the cost of repetitive tasks and improves consistency. Shared data ensures that everybody has timely access to current data when they need it.

Many aspects of an ERP System are routinely available from many providers. Most systems have financial statements that comply with Generally Accepted Accounting Principles (GAAP). Typically, systems can calculate materials requirements and maintain inventory counts.

There are many considerations when selecting an ERP System, including:

• Should you improve how you run your business before automating? If, for example, you plan to embark on a Lean Journey, you should consider doing that first. Lean will fundamentally change your perception of your ERP System needs and should precede an ERP System selection process.
• What are your Key Business Processes
• The functionality you require for your Key Business Processes
• What are your strategic competitive advantages that need to be protected and enhanced with the new system?
• How many users will you have, now and in the next 5 years?
• What size system fits your company size?
• What resources do you have to implement and maintain the system and its software?
• What is your spending budget?