Enterprise Resource Planning or ERP as it is fondly known in business circles has several modules which combine to link the program and help in the smooth operations of a business. A module in software is a part of a program and programs are composed of multiple independent modules. Since ERP has multiple functions, multiple modules ensure that all the functions are independently and well taken care of. The needs of a business differ and all modules of ERP can be modified to individually take care of each need.
Customer Relationship Management or CRM as it is commonly known is another business tool which is required for a business having a significant customer base. Just like ERP which functions in managing information within any organization, the job of CRM is to store data and reach out to the customer base which exists and which has the potential to exist. Building better relations with customers is every business’s prerogative, so the use of CRM is universal. The ERP CRM clubbing is common for major businesses as they often overlap in their functions and when clubbed centrally, they can function smoothly in order to flourish a company’s functioning.
There are a few modules of ERP which every company tends to follow. These ERP modules are for each significant section of the company and helps in their respective functioning. The Human Resource Module is a significant ERP module which helps to store data related to performance reviews of employees, attendance tracking etc. For companies which deal with goods and supplies, checking of stocks is very important and the ERP module which deals with inventory must be used in that case.
Two other important modules of ERP are the sales module and the purchase module. The former handles all the important data related to sales queries, accepting of orders, dispatch of sold material, and all other functions related to sales. Since a company’s profit depends on sales and how efficiently the products are sold, the sales module is an ERP module which every company must get right. The purchase module is another important module since goods cannot be manufactured unless materials have been purchased as per their needs. Listing of vendors, suppliers, tracking of bought items etc all come under the purchase module category. The purchase module must function as per the company’s requirements of purchasing raw materials and supplies which may change from time to time.
Customer Relationship Management or CRM as it is commonly known is another business tool which is required for a business having a significant customer base. Just like ERP which functions in managing information within any organization, the job of CRM is to store data and reach out to the customer base which exists and which has the potential to exist. Building better relations with customers is every business’s prerogative, so the use of CRM is universal. The ERP CRM clubbing is common for major businesses as they often overlap in their functions and when clubbed centrally, they can function smoothly in order to flourish a company’s functioning.
There are a few modules of ERP which every company tends to follow. These ERP modules are for each significant section of the company and helps in their respective functioning. The Human Resource Module is a significant ERP module which helps to store data related to performance reviews of employees, attendance tracking etc. For companies which deal with goods and supplies, checking of stocks is very important and the ERP module which deals with inventory must be used in that case.
Two other important modules of ERP are the sales module and the purchase module. The former handles all the important data related to sales queries, accepting of orders, dispatch of sold material, and all other functions related to sales. Since a company’s profit depends on sales and how efficiently the products are sold, the sales module is an ERP module which every company must get right. The purchase module is another important module since goods cannot be manufactured unless materials have been purchased as per their needs. Listing of vendors, suppliers, tracking of bought items etc all come under the purchase module category. The purchase module must function as per the company’s requirements of purchasing raw materials and supplies which may change from time to time.
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