ERP Modules

ERP Modules

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 get advantages from the implementation of ERP financial module. The financial module is the core of many ERP software systems. It can gather financial data from various functional departments and generates valuable financial reports such general ledger, trial balance, as balance sheet and quarterly financial statements.

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.

ERP Production Module

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.

ERP Purchasing Module

Purchase module streamlines procurement of required raw materials. It automates the processes of identifying potential suppliers, negotiating price, awarding purchaseorder to the supplier, and billing processes. Purchase module is tightly integrated with the inventory control and production planning modules. Purchasing module is often integrated with supply chain management software.

ERP Inventory Module

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.

ERP Sales and Marketing Module

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.