As suggested by its name, ERP software functions as the main software system for all areas of a business enterprise. Through the use of best business practices and the use of a database application, enterprise software:

• Maximizes efficiencies with elimination of data redundancy and entry
• Improves reporting capabilities to make important business decisions
• Streamlines the flow of information throughout an organization, cutting time to action and decisions

Enterprise Resource Planning breaks down barriers between departments by using a software application for the storage of all corporate information, streamlining the delivery and flow of valuable information. This system allows management visibility into every area of the enterprise while also empowering employees to perform their job more accurately and efficiently.

Consider the following ways in which an integrated software application can improve corporate efficiencies:

• Data is keyed once, rather than being re-keyed into different systems.
• Supply chain flow improves as employees are able to quickly access inventory and shipping information for customers.
• Detailed records of customer transactions are instantly available to customer service and sales employees through the ERP software, decreasing order time and promoting up-selling opportunities.
• Data lag-time is eliminated due to the real-time delivery of data Enterprise software. Downloading data from one system to another is no longer needed.
• Procurement and sales department communication improves, decreasing the overhead costs of keeping inventory surpluses.
• Cash collection capabilities increase; late or non-paying accounts prompt immediate updates through the ERP software system, not only to receivables departments, but to sales as well.
• Orders arrive in real-time from sales to the manufacturing plant.
• Automation of manufacturing processes leads to increased productivity.

Tridea Partners is a leading provider of Microsoft's ERP applications including Microsoft Dynamics GP and
Microsoft Dynamics AX.