Organizations across the globe have become cognizant of the fact that in a rapidly changing business environment, it is impossible to generate and maintain a custom designed software package that caters to all their requirements and also be up-to-date. An integrated and robust ERP system streamlines interactions of marketing, sales, quality control, requirement planning, manufacturing management, supply chain, human resources and many other processes into a unified system and database. It provides organization-wide unified platform to perform and record all transactions of all the functions of the respective departments, thereby, enhancing efficiency and eliminating the frequent loss of data and retyping errors.
ERP also provides an important insight into organization’s materials management. It successfully automates the process of buying materials and maintaining them. There are modules track the purchased supplies and also calculate how the materials should be distributed. Moreover, you can effortlessly predict the demand of the market based on the history, economic statistics and sales data. This facilitates a company in their decision-making process for when a product production and provides a powerful competitive advantage by reducing “time to market” the products and/or services.
FAR-HAT Technologies takes pride in creating one of the most comprehensive Enterprise Resource Planning solution. As the name says, this is the one and only piece of software your organization needs. Our experienced ERP team know how to optimize your business operations and enhance its capabilities. All of this is done while keeping speed, accuracy and efficiency in mind.
ERP software also offers some degree of synchronized reporting and automation. Instead of forcing employees to maintain separate databases and spreadsheets that have to be manually merged to generate reports, some ERP solutions allow staff to pull reports from one system. For instance, with sales orders automatically flowing into the financial system without any manual re-keying, the order management department can process orders more quickly and accurately, and the finance department can close the books faster. Other common ERP features include a portal or dashboard to enable employees to quickly understand the business' performance on key metrics.