ERP software for MSME

ERP is a category of business software that automates business processes and provides insights and internal controls, drawing on a central database that collects inputs from departments including accounting, manufacturing, supply chain management, sales, marketing and human resources (HR). Every business has multiple stakeholders collaborating to make things work. However, it becomes challenging when critical information is scattered across disconnected systems. For example, the accounting and FP&A teams could each have different spreadsheets with different figures for expense tracking.

ERP systems centralize data, provide cross-departmental visibility, enable efficient analysis, resolve data conflicts, and drive process improvements. That translates to cost savings and better productivity as people spend less time digging for needed data.