3 Key ERP Features and How to Use Them Effectively

Enterprise resource planning, or ERP, can be far-ranging software that spans all of your business processes. Depending on the size and type of your business, your ERP solution could touch every department from accounting to human resources to product distribution to warehouse management.

Some solutions are generic and targeted to the size of the customer, and others are honed to fit specific industries or types of companies, particularly manufacturers. But every ERP solution has similar core modules, which are groups of features that support a particular set of business functions. ERP modules for global enterprises have more features and are more sophisticated than modules for midmarket and smaller companies; modules designed for SMBs are streamlined to fit their requirements. In general, these three modules will deliver basic ERP benefits to any company, regardless of size or industry.

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