Best ERP software for trading companies

There are various ERP Software in the marketplace that are used in trading market. However the best which I would prefer is SAP Business One ERP Program. Since in every season it is difficult make prediction about clients and providers, because market keeps on shifting. The item provider needs to be ready with every condition of the marketplace. SAP Business One will assist you to overcome this situation.

1) SAP Business One is responsible to provide complete overview of one’s business at minimal time so that you could make perfect business decisions.

2) This can allow you to get an idea about your inventory in accordance with the industry condition.

3) These procedures ultimately increase your client loyalty and build client relations.

SAP Business One incorporates all of your company functions including sales, production, supply chain, HR, Financial etc..

Get more detailed info! ERP Buyer’s Guide

It’s following benefits:

1) Cost Reduction

2) Gain increases

3) Gives real time value of Information

4) Enhance client support (monitor all billing info and client relationship upkeep )

5) Manpower reduction

6) Error reduction in process

10 basic features that any ERP Software must provide.

Client management

  1. Rewards and loyalty management applications
  2. Product management
  3. Materials and inventory management
  4. Store and warehouse structuring
  5. Discount and pricing rates management
  6. Purchase and supplier relation management
  7. Employee management
  8. Sales reporting and analytics
  9. Point of sale (POS) system

Enterprise Resource Planning – Tips for Better Implementation.

Enterprise Resource Planning is a set of tools, programs, and data correlating to simplification of data analysis and usage. While we acknowledge wholeheartedly that ERP implementation has simplified processes within an organization that would have taken years to do manually, it is also pertinent to note that there can be notorious complexities involved in actual implementation.

  1. Pick right for you

Research every company you intend to work with, inside and out.

  1. Resourcing

Resourcing, human, financial and others have to have numbers and systems right. Your Enterprise Resource Planning  implementation brings massive changes to every aspect of running a business, and it cannot be seen as an IT related issue only involving IT needs and licensing costs. Fewer resources impact negatively; hence it is essential to fit in costs relating to staff training, change management and secondary support to the implementation.

  1. Alignment of teams

The business side and the IT side of the organization need to be in tune to mesh the technology and business ends of the ERP rollout. Just as much as the technology people have to be thorough about hardware and software and customization, the operations side needs complete know-how on the business fronts.

  1. Change Management

Embracing change is quite a daunting thought especially when familiar environments and practices impact functions and employee morale. Employees tend to worry about the future of their careers and modifications in their roles. Change management is an essential part of ERP implementation, and someone should always be on hand to explain the benefits so that end-user adoption of new processes is faster.

  1. Training

Full hands-on training schedules for staff on the new modules and processes is essential so that break-in into the transition is smooth and hassle-free. By discussing the new aims of the operations and the benefits the company will receive in enhanced revenues which will indirectly help the staff, the company will be in a better position to put the changes into achieving the desired potential.

 If employees do not feel comfortable about their training inputs chances are they may shy away from accepting and embracing the new system. In the end, the expected results from ERP implementation will not be achieved.