In software a module is a part of a program, and programs are composed of one or more independently developed modules that are not combined until the program is linked or tagged comprehensively
in a user friendly manner. ERP (Enterprise Resource Planning) software typically consists of multiple enterprise software programs or modules that are indigenously designed, based on the specific
needs and technical capabilities of the organization.
Each ERP module is focused on one area of business processes, such as Product Development or Marketing, HR Management, Payroll Processing, Vendors Payable inclusive of Inventory and Expenses etc. Some of the more common ERP modules include those for Product Planning, Material Purchasing, Inventory Control, Distribution, Accounting, Marketing, Finance and HR.
Enterprise ERP Trends The ERP field can be slow to change, but the last couple of years have unleashed forces which are fundamentally shifting the entire area. The following new and continuing trends affect enterprise ERP software.
1. Mobile ERP Executives and employees want real-time access to information on their mobile devices, regardless of where they are. It is expected that businesses will embrace mobile ERP for the reports, dashboards and to conduct key business processes which help to make key decision making process instantly which brings efficiency in Client handling process.
2. Cloud ERP The cloud has been advancing steadily into the enterprise for some time, but many ERP users have been reluctant to place data on cloud this mainly due to pre determined view about traditional data storage methodology. Those reservations have gradually been evaporating, however, as the advantages of the cloud become apparent.
3. Social ERP There has been much hype around social media and how important -or not- it is to add to ERP systems. Certainly, vendors have been quick to seize the initiative, adding social media packages to their ERP systems with much fanfare. But some wonder if there is really much gain to be had by integrating social media with ERP.
4. Two-tier ERP Enterprises once attempted to build an all-encompassing ERP system to take care of every aspect of organizational systems. But some expensive failures have gradually brought about a change in strategy - adopting two tiers of ERP.