ERP systems track business resources (such as cash, materials) and the status of commitments made by the business (such as purchase orders, and employee payroll) ERP facilitates information flow between all business functions inside the organization.
We are using following modules. Accounting and Finance under this General Ledger, Financial Reporting, Costing, Budgeting, Accounts Payable, Accounts receivables. In order management we are using purchase order processing and inventory management.
We have developed in house payroll system, Transport management system to meet our requirement. It including following function and futures. In the Payroll System we are using Recruiting, compensation, Training and Time sheet. In Transport Management System we are using Trip Transactions, Breakdown Transaction and Vehicle Maintenance.
What makes ERP different? It is integrated modules if updated one module it will update other modules. Common definitions and Common database for easy to analysis and generate reports. ERP has had a major impact on organizational computing. Quality of data will be accurate since internal controls are automated & built within the system.