There are many ERP modules in ERP software solution. Each ERP software module corresponds to a major functional area of an organization.
Generally, it includes modules for material purchasing, inventory control, product planning, product distribution, tracking the order, financial ERP module, accounting, marketing, and human resource. Organizations implement the modules in ERP that are both economically and technically feasible and profitable. This document will focus on each ERP software modules in detail. To know more about ERP systems refer other pages of this site.
ERP finance module
All kind of organizations small-scale, large-scale organizations
ERP HR(Human Resources) Module
Human Resources is another widely implemented ERP module. HR module streamlines the management of human resources and human capitals. HR modules routinely maintain a complete employee database including contact information, salary details, attendance, performance evaluation and promotion of all employees. Advanced HR module is integrated with knowledge management systems to optimally utilize the expertise of all employees.
In the process of evolution of manufacturing requirements planning (MRP) II into ERP, while vendors have developed more robust software for production planning, consulting firms have accumulated vast knowledge of implementing production planning module. Production planning optimizes the utilization of manufacturing capacity, parts, components and material resources using historical production data and sales forecasting.
Purchase module streamlines procurement of required raw materials. It automates the processes of identifying potential suppliers, negotiating price, awarding
Inventory module facilitates processes of maintaining the appropriate level of stock in a warehouse. The activities of inventory control involved in identifying inventory requirements, setting targets, providing replenishment techniques and options, monitoring item usages, reconciling the inventory balances, and reporting inventory status. Integration of the inventory control module with sales, purchase, finance modules allows ERP systems to generate vigilant executive level reports.
Sales module implements functions of order placement, order scheduling, shipping and invoicing. Sales module is closely integrated with organizations’ e-commerce websites. Many ERP vendors offer online store-front as part of the sales module. ERP marketing module along with CRP supports lead generation, direct mailing campaign, and other marketing works. Scheduling of the promotion is possible using this.