ERP Applications and Vendors
  Home ERP Benefits Features Selection Implementation SAP Oracle Microsoft Dynamics Books
ERP Guide
ABAP Developer
ABAP Performance Tuning
Advanced Planner
Application Lifecycle
Causes of Failure
Cloud Computing Application
Challenges
Core Objectives
Cost of Implementation
Cost of Ownership
Extending Software
Features for Small Business
For Pharmaceutical SMB
For Small Company
Global Functionality
Hidden Costs
Implementation
Implementation Life Cycle
Implementing Software
Maintenance Cost
Market In India
Reasons for Failure
SageX3 vs JD Edwards
Select Right Software
Software Selection
Solutions for Real Estate
Standards and Regulation
Success Factors
Supply Chain Management
System Implementation
Top Ten Packages
Total Cost
 
SAP Section
ABAP Module
Architecture
B1 vs Dynamics GP
Business Intelligence
CO Module
Course Duration
Course Fees
CRM
Enterprise Portal
Exchange Infrastructure
FI Module
For Mobile Business
HRMS Software
HR Module
Institutes for Courses
Job Opportunities
Knowledge Warehouse
Manufacturing Software
Modules Introduction
Netweaver MDM
Product Lifecycle
SEM Components
Service and Asset
Solution Manager
TEM Features
Upgrade Benefits
Web AS
xApps
 
 

What Will Be The Future Trend In ERP Consulting?

SocialTwist Tell-a-Friend


ERP has developed from a simple accounting system to automation of complete enterprise where the data is maintained at a central location and each and every module is interlinked. It has developed from supply chain management system to web based products which not only suit the needs of enterprises but also government agencies, healthcare agencies, educational institutions, retail and defence sector.

After the global recession the concept of ERP has changed and now it is viewed as a system which should be implemented at a low cost and provide better efficiency to directly enable a better ROI. Many large organizations that have been advocating the use of ERP for automating every single procedure of the office are now preferring to invest in systems which are work oriented- which means automation of single work process, department or unit accurately in less time - that is preferred over automation of every single work.

ERP Evolves From Back Office to Front Office

The functionalities of the automated system enable the system to expand to suit the need of the various industrial sectors and serve many organization commercial sectors. The job has been moved from back office to front office where the business plans to expand its branches taking the management tips from software. The inter office communications are now converted to intra office communication.

The New Future Trends

1. The future of ERP is have a non-centralized system instead of centralized database, that will have a number of databases which are maintained separately by the departments of the organizations and the companies can employ people instead of using automated machines to keep only the relevant data at one centralized location. This will prevent expense on management of huge data backup and this will speed up the system.



2. The new trends includes the software on demand in which the automation of certain business procedures can be done by the vendor in limited time and resources, and every month's subscription is paid to the provider of the system to get the service. This method was considered an alternative to expensive implementations but it is not the best option to prevent implementation cost and time because the company going for the software does not get anything to own even after paying for the ERPs.

3. The automated systems have been used in past for making market forecasts but recession has changed a lot of perception about the forecasting done by the software. The new ERPs are mature software which can provide a better forecasting based on the negative market conditions and also based on the real time data.

4. ERPs are now not concentrated to big organizations but even shops and retails stores prefer to use the system to conduct everyday transactions with the customers which has raised the demand for customized solutions for small and midsized companies which are not operating globally.

5. The future ERP will be a compact solution which can be bought at a low cost and can be implemented easily in less time - which will enable the companies not to merge up all procedures in one, instead it will get clear solutions from each and every packet of automation - which will integrated through common interface and it will have a low implementation and maintenance cost.





 Read Related Articles

ERP SoftwareBefore Implementing Or Choosing ERP
ERP SystemTypical Implementation Timeframe
Enterprise SystemPossibilities After Completing SAP Courses
Enterprise SoftwareDifference Between An Enterprise System And ERP

  SocialTwist Tell-a-Friend
Review Section
Aplicor  
Dynamics AX  
Dynamics CRM  
Dynamics GP  
Dynamics NAV  
Dynamics SL  
Epicor  
Godrej eNcompass  
JD Edward  
Infor  
Intacct  
Microsoft Dynamics  
MySAP  
Netsuite  
Oracle  
Ramco  
SAGE MAS90  
Sage X3  
SAP  
SAP Business One  
Tally Accounting