Business decision makers have revealed the key benefits of their enterprise resource planning (ERP) systems in the areas of finance, management information and compliance, as well as some barriers to its expansion.
In March 2011 Computing surveyed 150 users of ERP systems to discover how this software has benefited their organisations.
We began with the finance function, traditionally the main users of ERP. Seventy per cent of respondents stated that their ERP system enabled better financial reporting, while 52 per cent have realised better cash flow and liquidity.
The survey then turned to the rest of the business. For 63 per cent, their ERP means less duplication and time wasting across the board, while 61 per cent reported better alignment of cross-departmental processes. In IT, over half replied that ERP has cut costs associated with maintaining multiple software packages and storage of duplicate data.
Looking specifically at management information statistics, three-quarters reported that information is now available across their organisation as a whole rather than being held in discrete departmental silos. This is one of the single biggest benefits of ERP. The efficiencies to be gained from no longer having to consolidate multiple versions of "the truth" into a meaningful format are significant and wide ranging.
ERP software has also helped firms to achieve and maintain compliance with the relevant regulations, with 58 per cent seeing a role for ERP in compliance in the near future.
In summary, the top five benefits of ERP according to business users are as follows:
Information available across organisation as a whole rather than "multiple versions of the truth";
Improved financial reporting;
Less duplication and time wasting across the board;
Better aligned cross-departmental processes;
Enables regulatory compliance;
However, budgetary restrictions remain a key barrier for some. Others complained about a lack of flexibility, with processes having to change to fit the software rather than vice versa. Possibly as a result of such barriers, only one-third of the respondents described their ERP systems as full end-to-end deployments. The remainder ranged from a financial core module to systems covering a few, but not all, departments and functions.
If they wish to expand successfully from the enterprise to the mid-market arena, ERP vendors need to focus on cost and flexibility issues. The new generation of ERP, available on demand as a cloud service and extending to mobile devices may go some way to achieving this goal.
Deacom, Inc. has released the latest version of its integrated ERP system for building component and process manufacturers. DEACOM Version 10.4 includes significant enhancements to Material Requirements Planning (MRP) and Quality Control (QC) functionality.
Wayne, PA (PRWEB) May 13, 2009 -- Deacom, Inc. this week released the latest version of its DEACOM Integrated Accounting and Enterprise Resource Planning (ERP) Software System for building component and process manufacturers, rolling out significant enhancements to the integrated ERP system's Material Requirements Planning (MRP) and Quality Control (QC) capabilities.
DEACOM 10.4 builds upon the software's established functionality, which encompasses all the business processes of a manufacturer, from sales and purchasing to production, reporting, and accounting.
Now the integrated ERP system combines sales and production MRP data in one easy-to-read report. Manufacturers can view current or time-phased material requirements for their entire organization - including on-hand inventory, issued and reserved inventory, items in QC hold, job requirements, sales requirements not yet scheduled as jobs, pending purchase orders (POs), forecasts, and inter-company transfers - from a single screen.
"So if you need it, you see it," explains Deacom Implementation Specialist Paul Heinmiller. "This improvement will give users better data visibility so they can make better planning and purchasing decisions."
The MRP software functionality also lets users satisfy material shortages by creating production jobs, POs, and inter-company transfers directly from the MRP report. Users buying several different parts from the same vendor also can build a multiple-item PO directly from this screen. And built-in drill down capability lets users view the real-time detail behind any MRP quantity by double-clicking the number.
In addition, DEACOM 10.4 includes improved QC capabilities. Now manufacturers can perform production QC testing during the job cycle - running multiple passes until achieving the desired test results - or after production is complete, on a pass/fail basis.
"The addition of post-production QC makes the system more flexible," Heinmiller says. "It's particularly helpful for manufacturers using third-party testing services."
DEACOM continues to permanently store all QC data for extensive research and reporting.
To learn more about the DEACOM Integrated Accounting and ERP Software System or to schedule an online demonstration, call 610-971-2278 ext. 15 or visit www.deacom.net.
About Deacom, Inc.
Headquartered in Wayne, PA, Deacom, Inc. is the producer of DEACOM, a complete accounting and Enterprise Resource Planning (ERP) system for building component and process manufacturers with difficult-to-handle requirements. The DEACOM System seamlessly links all departments within a manufacturing company, providing a comprehensive view of the entire operation. By making complex issues simple, Deacom helps streamline manufacturing business processes to maximize productivity and profitability.
Original Source: DEACOM Integrated ERP System Version 10.4 Includes Inventory, Quality Control Enhancements
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