Important ERP Modules

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Important ERP Module

• facilitate seamless data flow and coordination
  across different departments

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Introduction to ERP and ERP Modules

• Definition ERP (Enterprise Resource Planning)
  systems integrate various business processes and
  functions into a single unified system.
• Purpose ERP modules facilitate seamless data
  flow and coordination across different
  departments, improving efficiency and
  decision-making.
• Key Modules Core ERP modules typically include
  finance, material management, sales and
  marketing, production planning, quality
  management, and logistics.

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Finance And Account ERP Module
The finance module in ERP integrates all
financial management tasks, including accounting,
budgeting, and financial reporting, to ensure
accurate and real-time financial data.
Features of Finance and Account Module

1. Financial Analysis
2. Billing and Invoice
3. Ledger, AP, AR Management

Benefits of Finance and Account Module

1. Potential increase in productivity due to
   automation
2. Access to real-time financial and account
   information at any instance
3. invoices and bills are automatically calculated.

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Material Management ERP Module
The material management module in erp manages the
inventory, quantity of goods, raw material,
manufactured goods, and need of material. The
material management module eases the entire
Supply Chain Management process.
Features of Material management module

1. Material Valuation
2. Bin Management
3. Multi-location Inventory Management
4. Product Life Cycle Management

Benefits of Material management module

1. Reduction in the operational cost of the industry
2. Centralization of information aids the industry
   to access data easily
3. Shortage of raw material can be easily estimated.
4. Absolute information about the material helps the
   industry to run smooth Supply Chain Management

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Sales and Marketing ERP Module
Sales and marketing module in ERP enables full
control over sales marketing activities. The
marketing team generates leads using various
tools, and then it is converted into a potential
business opportunity.
Features of sales and marketing module

1. Customer Details
2. Multiple or Multi-Tiered Orders
3. Sales Territories
4. Automated Marketing

Benefits of sales and marketing module

• generating reports, quotations, sales orders,
  invoices automatically
• This Module makes it easy to monitor Supply Chain
  Management
• Different types of orders are automatically
  sorted into categories.

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ERP for Production Planning
The production planning module in ERP takes the
quantity to be produced from the sales module,
and then production planning commences. The
module also optimizes the manufacturing capacity,
raw material, components, and material resource.
Features of Production planning module

• Material Functionality
• Machines and Equipment
• Routing
• Dispatching Evaluation

Benefits of Production planning Module

• Timely delivery of the manufactured items
• Minimizes the wastage of resources
• Generation of various reports automatically can
  help the industry less time pondering for
  insights

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ERP for Quality Management
Quality management helps the industry to inspect
and maintain the quality of manufactured items
that match the standards for certification.
Quality management module in ERP keeps those
expectations in check. Quality control management
performs checks at various checkpoints to track
the quality of the manufactured item.
Features of Quality management module

• User Defined Testing
• Quality Inspection
• Module Integration
• Quality Certification

Benefits of Quality management Module

• Customer satisfaction is guaranteed
• Quality management module reduces the inspection
  cost as the industry itself is competent in
  assessing the quality of the items.
• Increases the efficiency of resource usage

Photo by Tecostore VN on Unsplash
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Conclusion

• Integration of Core Functions ERP modules
  integrate key business functions into a unified
  system, improving efficiency and data accuracy.
• Enhanced Decision-Making Real-time data and
  advanced analytics enable better strategic and
  operational decisions.
• Scalability and Flexibility ERP systems can grow
  with the organization, adapting to changing
  business needs and environments.
• Competitive Advantage Streamlined operations and
  improved insights provide a competitive edge in
  the marketplace.