Management

ERP: what it is and what the benefits are for your business

August 10, 2018

Discover the benefits of using an ERP.

Incorporating technology into company strategy is crucial to business success. A technology such as Enterprise Resource Planning (ERP) is used to organise work within the company and keeps pace with its evolving needs. Below we explain what it is and how it can benefit your business.

What is an ERP?

An ERP is management software whose aim is to increase business productivity by making the most of technology. It is used mainly by SMEs and can be customised to their specific needs. It brings together all the data and processes relating to the management of an organisation, divided into functional areas such as human resources, finance, invoicing and logistics.

 

What are the signs that you need ERP software?

  1. Your current invoicing software is not keeping pace with your company's growth;
  2. Data is scattered, not integrated into a single system, and there are information silos;
  3. The customer experience is not being valued 100%;

 

What are the benefits for your business?

  • Use of a single database thanks to integration

The Primavera ERP, for example, is made up of several modules, such as Human Resources, Materials Management, Accounting, Sales and Treasury. This means that data from the company's various operational areas is integrated and can be accessed in a single place.

  • Faster, easier decision-making

With access to real-time data in dashboards that show only the information most relevant to decision-making, it becomes easier to act and make fact-based decisions. For example, through the Business Monitor it is possible to access a range of KPIs that provide management information, presented in a dashboard of customisable charts.

  • Readiness for internationalisation

In the case of the Primavera ERP, several languages can be configured within the same organisation, such as Portuguese, English, French or Spanish. This means you can have users working in different languages within the same company, which makes things easier for companies going international or already doing business around the world.

  • Process automation and dematerialisation

By dematerialising business processes, it becomes possible to reduce the company's costs and ecological footprint. It also increases the organisation's flexibility, since all processes can be accessed more quickly, at any time and from any location. Using electronic invoicing also brings lower costs and greater efficiency in the administrative process.

  • Adaptation to the company's needs

The Primavera ERP is easily extensible and adaptable to the needs of each company. So, if new elements or routines need to be incorporated, such as new tables with specific data, custom fields in the sales module or new fields in the customer, supplier or employee records, the ERP can be configured to meet those needs.

 

Openlimits is a Primavera Premium Partner

Openlimits is a Primavera partner in Coimbra and a "Primavera Premium Partner", the highest level of partnership that Primavera awards. This level is granted to companies that focus their business on the mid-sized and large market and that have technical teams with the skills to implement more complex information systems, develop them and support them, with a view to better tailoring Primavera software to the particular way each company works.

 

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