What are advantages of ERP for business process?

Installing{To connect or set in position and prepare for use} an ERP SYSTEM has many advantages - both direct and indirect. The direct advantages include improved efficiency, information integration
{The act or process of integrating} for better decision making, faster response time to customer-queries, etc. the indirect benefits include better corporate image, improved customer goodwill, customer satisfaction, and so on. The following are some of the direct benefits of an ERP systems
. Business integration
. Flexibility
. Better analysis{The separation of an intellectual or material whole into its constituent parts for individual study.} and planning capabilities
. Use of latest technology

Business integration important 

The first and most important advantage lies in the promotion of integration. The reason why ERP packages are considered to be integrated, is the automatic data updation automatic data exchange among applicatins that is possible among the related business components{A constituent element, as of a system. See Synonyms at element.}. Since conventional company information systems were aimed at the optimization of independent business functions in business units, almost all were weak in terms of the communication and integration of information that transcended the different business functions. In case of large companies are particular,the timing system costruction and directives differs for each product and department/function and sometimes, they are disconnected. For this reason, it has become anbbstacle in the shift to new product and business classification. In the case of ERP packages, the data of related business functions is also automatically updated at the time a transaction occurs. For this reason, one is able to grasp business details in real time and carry out various types of management decisions intimely manner, based on that information.

Flexibility

The second advantage of ERP packages is their flexibility. Different languages, currencies, accounting standards and so on can beovered in one system, and functions that comprehensively manage multiple, location of a company globalization{To make global or worldwide in scope or applicaton.} and system unification, this flexibility is essential, and one can say that it has major advantage, not simply for development and maintenance, but also in terms of management.

Better analysis and planning capabilities

Yet another advantage is the boost 'o' the planning functions{The appropriate or assigned duties, responsibilities, missions, or tasks of an individual, office, or organization}. By enabling them comprehensive and unified management of related business and its data, it becomes possible fully utilize many types of decision support systems and simulation functions. Further more, since it become possible to carry out, flexibly and in real time, filing and analysis of data from a variety of dimensions, one is able to give the decision makers the information they want; thus enabling them to make better informed decisions.

Use of latest technology

The fourth advantage is the utilization of the latest developments in Information Technology (IT). The ERP vendors were very quick to realize that in order to grow and sustain that growth, they had to embrace the latest developments in the field of Informational Technology. Therefore, they quickly adapted their systems to take advantage 'of the latest technologies like open systems, client/server technology Internet/lntranet CALS {Computer Aided Acquisition and Logistics Support}, electonic commerce, etc. it is this quick adaptation to the latest changes in Informat Technology that makes the flexible adaptation to changes in future business environments possible. It is this flexibility that makes the incorporation of the latest technology possible during
system customization, maintenance and expansion phases.