Significance

With the growth of a company, integrated software is needed to effectively reduce the input and output of mass data that was once maintained on spreadsheets. ERP strategy software provides control over all resources to meet business goals.

Benefits

ERP strategy software provides staff with real-time monitoring of all activities and user-defined support portals. Coupled with powerful analytic tools, a consistent and up-to-date database can be maintained with accuracy.

Alternatives

Although ERP has traditionally been linked to expensive 18-month roll-outs, today there are many alternatives to providers such as Oracle and SAP. These include choices such as Software-as-a-Service (SaaS) and other On-Demand ERP software options that provide open-source applications that are hosted by vendors over the Internet.