How does an entity benefit from ERP?

Not depending on a specific person in the information 

Allow access to information for those who needs to easily and quickly 

Saving a lot of time and consequently save money 

Connect all circles with each institution and consequently work will be coordinated and unified

By using ERP, all the departments will be internally connected, and as a buyer, when a Material /Asset reqeust is raised by project, it will check automatically the availability of material in stock. If yes, it will redirect to Central stores & if no, it will direct us to procure.

ERP also provide data security & can search date with different criterias.

ERP improves and the quality and efficiency of the business and the business process, it connects departments in the organizaiton, provides data to higher management for fast decision making

improves control  clarity and decrease the manpower needed to do same kind of work, connect departments together on same platform , facilitate decision taking  , allow remote sites consolidation , operation ,replenishment and overview by management 

At its core, ERP helps employees do their jobs more efficiently by breaking down barriers between business units. More specifically, an ERP solution:

• Gives a global, real-time view of data that can enable companies to address concerns proactively and drive improvements
• Improves financial compliance with regulatory standards and reduces risk
• Automates core business operations such as lead-to-cash, order-to-fulfillment, and procure-to-pay processes
• Enhances customer service by providing one source for billing and relationship tracking.

When you add up these advantages, the value of ERP—particularly cloud ERP—is clear. With an ERP solution, employees have access to accurate information that enables them to make better decisions faster. Not only that, but ERP software helps to eliminate redundant processes and systems, dramatically lowering the cost of doing business overall.

ERP is an acronym for Enterprise Resource Planning, but even its full name doesn't shed much light on what ERP is or what it does. For that, you need to take a step back and think about all of the various processes that are essential to running a business, including inventory and order management, accounting, human resources, customer relationship management (CRM), and beyond. At its most basic level, ERP software integrates these various functions into one complete system to streamline processes and information across the entire organization.

The central feature of all ERP systems is a shared database that supports multiple functions used by different business units. In practice, this means that employees in different divisions—for example, accounting and sales—can rely on the same information for their specific needs

ERP is a system which encompass all major activities and transactions in an organization. Briefly speaking, it can be beneficial for an organization only if the following conditions are fully met:

1. There is full committment and support from all stake holders for the ERP project.
2. The chosen ERP system very closely aligns to the culture of the organization.
3. In case of gaps between what the ERP system is offering and what the organization intends to have, there must be flexibility in the organizational systems and procedures to incorporate changes.
4. The implementors of ERP system must have full knowledge of the business area.