In this era in which globalization is a fundamental part of the development of the world economy, it is necessary to implement resources that help us to optimize the operational processes of a business.
For this reason, ERP (Enterprise Resource Planning) arose which, thanks to their great flexibility, allow users to improve their productivity by 70% since they will reduce their concern for little operational things that only eliminate reasoning time. In other words, thanks to ERP's, the members of a work team will have more time to analyze situations than to complete the retrograde process that some companies continue to implement.
Therefore, it is necessary to make a good evaluation of the feasibility of our project for the organization you want to reach. It is necessary to take into account the installed capacity of our business, its human resources, the skills of these resources, the type of operations carried out, acquisition costs, and as many variables as necessary to evaluate the project.
"Managing customer relationships, workflow, human resources, documentation and Web portals from a single point is the main advantage that can be brought to bear by implementing highly integrated ERP technology for small and medium-sized companies. Business".
Through these systems, companies have ERP's whose pre-parameterized methodology allows them to minimize the time required to analyze and perform management reports and cover all areas of e-business. Its great adaptability to the reality of each company and its integration with other technologies will allow the development of information technology on a massive scale.
Among the advantages that ERP provides are:
- Increase in productivity of the plant or business Reduction of inventories Increase in sales due to response time to customers Decrease in purchases Decrease in bank commissions for checks issued by orders.
From a financial point of view, one of the main objectives of a financial manager is to buy assets that generate more than the acquisition cost, and through this article we can refer to this analysis of working capital where the most important thing is to contribute to the development of the same without affecting the cash flows of the company. For this reason, in this reading, we have as an example the company Hersey, which invested a lot of capital for the acquisition of a system that will achieve profits that far exceed the acquisition cost of the system. However, it was not successful.
The SMEs in our country represent around 95% of the total, therefore it is necessary that an adequate development of this technology be carried out as the reading says, faster and cheaper.
Fast-track ERP is an ERP system with easy access, lower cost of acquisition and implementation, flexibility according to the size or type of company. However, on the other hand, this system would increase maintenance costs since any repair due to faults would be charged separately.
On the other hand, the consequences of a bad implementation strategy could go against the interests of the business, since if we do not take into account the aforementioned aspects, we can reach failure, or simply implement a system by status but that does not really comply. with the objectives of generating more than the cost of its acquisition. They will simply become a high-tech but low-functionality system.
In summary, it is extremely important to take into account whether the information system to be implemented is adequate and does not contravene the general interests of the business.
