Saturday, December 22, 2012

0 ERP with an example

Well you have been introduced to ERP. I would like to explain what it means with the help of an example. Consider a firm having some 10000 employees  All the activities an employee perform in the organization is captured with the help of an ERP system. Here the term all the activities include an employee journey since the joining of organization till the exit and records are maintained even after the employee gets separated  in inactive mode. ERP system provides end to end solution for organizational needs.




        Starting from raising request for a resource for company , interview details, Offer letter release , Hiring an employee, maintaining his  project activities,leave system, salary processing, financial claims/settlements, business travels, separation/termination etc.., each and every move of an employee is captured under a single platform and common database. Have all information under a single platform is the most efficient thing for all operations of organization. Because  it is very easy to update and maintain database. An organization success depends on efficiency of managing its resources. It is a known fact that implementing and maintaining an ERP system is highly cost effective. So, it is recommended mostly for large firms.

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