Benefits of ERP Solution:
- Improved Visibility of Processes and Results
To manage and oversee business process and results. This visibility will enable you to control working capital requirements to a great degree, empowering you to make quick decisions to pursue opportunities.
Integrate Financial Information
Integrate costs, profits and revenue information. Its ability to reduce cost can be greatly enhanced if the data that is captured is analyzed and evaluated properly.
Streamline work process, automation and reduce manual work.
Standardize Business Processes
Design best-business processes, which are based on industry best practices. This process consistency allows a consolidated view of business across the distributed enterprise, enabling organizations to drive continuous improvements, as operations are streamlined and there is healthy synergy between departments and functions. The improvement also comes from transparency and reduction in human errors due to automation and inter-company transactions.
Reduce Operating Costs
Lower inventory control costs, lower marketing costs, ERP Solutions provide opportunities for cost reduction and value-added tasks, leading to increased margins.
Real Time Analysis
The biggest advantage of an ERP system is with its real-time capabilities and the ability to see what is going on within the company as it happens. It is handy when you deal with high volume of business process.
EDG1 – Previously known as Capability Development Grant under Spring Singapore; now known as “Enterprise Development Grant” reformed under Enterprise Singapore.
*Subjective to Enterprise Singapore approval.