What is Enterprise Resource Planning (ERP)?

1. What is Enterprise Resource Planning (ERP)? ERP is a enterprise resource planning software which is designed to integrate and manage the core business processes of an organization. It collects, stores, manages and interprets data from a diverse range of business activities using a suite of integrated applications to streamline the whole process. This increases efficiency and cuts down human errors by automating the entire process. • 1

2. ERP consists of a customized suite of integrated applications that caters to the various departments of an organization like the administrative department, accounts, purchase, production, human resource, inventory, sales, customer relationship management to name a few. Nowadays companies from a diverse range of industries and of all sizes are transitioning to cloud ERP systems as they understand its benefits.

3. Why do we need ERP? •It streamlines and simplifies lengthy workflows. •It accelerates response times by using an integrated database. •It increases operational efficiency. •It eliminates chaotic data transfer, human errors and security gap by integrating separate work processes into one system accessed through a unified interface. •It provides real-time data of the company’s daily operations. •It is an effective cost reduction tool to save administrative and operating costs.

4. •It increases productivity. •It monitors, manages daily operations and helps make informed decisions. •It facilitates business data analysis. •It saves time. •It helps to meet customer expectations more easily.

5. History of ERP. The acronym ERP was coined in the1990s by The Gartner Group. But it can be traced back to the 1960s. At that time the concept applied to inventory management and control exclusively in the manufacturing sector. By the 1970s, this had evolved into Material Requirements Planning (MRP) systems for scheduling production processes. In the 1980s, MRP grew to encompass more manufacturing processes. By 1990, these systems had expanded beyond inventory control and other operational processes and started to take care of back-office functions such as human resources and accounting. This set the stage for ERP to evolve and reach its present form. By the mid-1990s ERP systems experienced a rapid growth and started to address all core enterprise functions These days ERP encompasses business intelligence (BI) as well as handles processes such as marketing automation, sales force automation (SFA) and ecommerce.

6. The main characteristics of ERP • A common database that supports all the applications • Operates in (or near) real time • Modular design • A consistent look and feel across modules • An integrated system • Flexible and open database • Deployment options include: on-premises, cloud hosted or SaaS.

7. Basic Modules of ERP • Manufacturing • Purchase • Order Processing • Project Management • Supply Chain Management • Inventory • Sales and marketing • Financial Accounting • Management Accounting • Human Resources • Customer relationship Management

8. Linguee ERP Software Linguee ERP software has created a reputation for itself in the market as an outstanding ERP system to automate and control as well as manage the services, technology, accounts and human resources of the organizations using it. It ensures the integration of all the key business operation areas like development, sales and marketing, product planning and manufacturing. It provides full security to the accounts of its client organizations with round the clock customer care service

9. Linguee: The Best Enterprise Resource Planning Software Linguee has been designed in such an efficient way by its developer company HTS Solutions that it has become renowned as the best enterprise resource planning software. Linguee ERP software improves process efficiency and performance and eliminates the possibility of human error. Planning and management are key functions in every organization along with strategizing. The automation facilitated by Linguee ensures that the process is error free and has improved productivity. With Linguee’s aid all the core business processes are integrated and it saves time and expenses. By streamlining your business processes and making data visible across the organization, it helps the management make decisions faster and with fewer errors. When you use Linguee as your ERP software, you have access to 24*7 customer support to resolve any issues in the shortest time and address all the queries of its clients.

10. Modules of Linguee- • Administration • Account • Customer Relationship Management (CRM) • Purchase • Production • Human Resource • Inventory • Sales • Employee Self Service (ESS) • Payroll

11. Linguee has made a name for itself as the Best Accounting Software in India 2020 due to its outstanding performance. The accounting department of any company provides accounting services and manages the finances of a company. It records accounts data, pays bills, tracks assets and expenditures as well as takes care of critical tax documents; to name a few of its responsibilities. The possibility of encountering human error becomes high which needs to be eliminated by using an efficient ERP software that can save time as well as integrate all the crucial information. As the best accounting software in India in 2020, Linguee has benefitted the accounting departments of industries from various sectors ranging from manufacturing to electrical to automobiles to mechanical to telecommunication. • In the light of this established fact let us explore briefly Linguee’s “Account” module. Linguee automates and streamlines the work of the various branches of accounting like accounts receivable, accounts payable, payroll, financial controls, financial reporting. This eliminates the chances of human error and improves the performance of the accounting department which ultimately benefits the company.

12. Why choose Linguee? • Linguee ERP software is vigorous and flexible • It is customizable • It has unbeatable security system • It comes with 24*7 customer support. • Linguee’s emphasis is on client satisfaction. Hence it has been specifically designed keeping in focus its clients’ business needs. It is extremely efficient, highly reliable and reputed and has consistently maintained its position as the best enterprise resource planning software as well as the Best Accounting Software in India 2020.

13. 1 - 800 - 123 - 8156 We aim to provide hassle-free hosting solutions worldwide and in order to do that our technical expertise is always ready to assist in every possible way.

14. Thanks! Any questions? You can find me at: www.linguee.in support@linguee.in