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Various Modules Of Erp

By Expert Author: Raj

Modules of ERP can be defined as small components designed to manage an integral part of the business enterprise. Various individual modules when grouped together form a complete comprehensive ERP software solution which manages various areas of a business enterprise. A small ERP module can be thought of implementing areas like human resource development, or finance and accounts or sales marketing system. A complete ERP solution handles all these business areas independently without need of any other infrastructure.
For those small sized business organization or those which require specialized ERP system to manage a particular area of business enterprise then they can purchase individual modules of ERP depending on the requirements.
erp modules ppt identifies key business modules managed by ERP software system:

Finance and Accounting
Finance and Accounting are considered as the main driving area of any business. For a business to be successful it has to have a well developed set of processes to carry out financial processes. This module is required by all types of organization whether large, medium or small scale organization.
The main purpose of this module is to collect all financial information from different business departments and create reports like ledger, trial balance, monthly, half yearly and yearly account statements. This statement is important while Income Tax Investigation and other assessments.

Human Resources Module
ERP modules maintain a list of workforce in the organisation. This list contains their personal information, salary information, attendance, qualification and ranking, levels of promotion etc. This also helps in knowing the talents and performance of the employee and to place them at proper place in the organization where their skills are used to the fullest.

Production Module
ERP module makes efficient and effective usage of production machines other and equipments get the maximum productivity with enhanced quality.

Purchase Module
ERP modules helps to automate tasks related to procuring sales order, finding out the suitable sellers, compare and adjusting order rates , sending it to the supplier and generation and maintenance of proper invoices.

Inventory Module
ERP modules make proper arrangements to maintain sufficient and adequate stock in a warehouse.

Sales and Marketing
Sales is also a very important part of a whole business. If business products are of excellent quality but they are not properly marketed then it is of no use. ERP modules manage sales activities like taking orders from customers, scheduling them, tracking their shipment and generation of invoices. These modules works in close association with Ecommerce websites. Looking at the popularity of Internet many business organizations have set up their stores on web as a way to implement better and efficient sales activities.

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