Are Indian SME’s read for Enterprise
This white paper defines Enterprise Resource Planning [ERP] and elaborates its role in small and medium enterprises [SME’s] in India today. This white paper also highlights the growth of ERP in SMEs, benefits of ERP and conflicting issues and challenges faced by SMEs in implementing ERP system within their business process. This white paper also examines the pros and cons of offline and online ERP.
Introduction Evolution of ERP In any business organization there is a continuous flow of information between different processes which at times is very complex. To eliminate the complexity, organizations both large and small have reverted to using Enterprise Resource Planning [ERP] software that facilitates a smooth flow of information. ERP is also instrumental in enabling the flow of information between several organizational units by overcoming geographical boundaries. ERP software provides competent authorities in an organization with an extensive overview of the project in a manner that is not only reliable but also timely and consistent. ERP acts as a foundation to an extensive information system that revolves around a fundamental database that acquires and serves data into applications that function under a regular computing platform, thereby regulating business processes into a unified environment