ERP Benefits - What Can be Gained Through ERP System Implementation?
Learn the benefits companies recognize through the deployment of ERP systems, software and processes.
Enterprise Resource Planning | PowerPoint
A solid look at the business benefits of ERP, including several examples, tables and references. From the Resource:
Business benefits of ERP:
- Quickened information response time
- Increased interaction across the enterprise
- Improved order management/order cycle
- Decreased financial close cycle
- Improved interaction with customers
- Improved on-time delivery
- Reduced direct operating costs
- Lowered inventory levels
Mary Sumner / Kawin Sonthipermpoon
Enterprise IT Management Initiatives | PDF
The North Carolina State Government's review of its ERP implementation includes the following Human Resources benefits. From the Resource:
Some of the non-financial returns on investment [from the ERP implementation] include:
- Increased efficiency: went from more than 30 monthly payroll cycles to two (biweekly and monthly)
- Payroll processing time was reduced from weeks to days
- A significant number of payroll errors have been reduced
- Improved system availability (ESS/MSS)
- Reduce errors and duplicative efforts
- The time evaluation process feeds information to payroll, eliminating the need to key information obtained from a separate time keeping system into the payroll system
- Policy compliance can be better enforced, as all relevant rules were configured in the system
Office of the State Controller, North Carolina