There are both tangible and intangible ERP advantages
Tangible ERP advantages
i.) Workflow of the product from one department to other becomes smooth and without any impediments. Hence increasing productivity of process and personnel.
ii.) Since same software is now used across all departments, individual departments having to buy and maintain their own software systems are no longer necessary leading to lowering of cost of production hence reducing cost
iii.) There are various modules in an ERP system like Finance/Accounts, Manufacturing, Marketing/Sales, Supply Chain/Warehouse Management...
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benefits of erp system in an organization
Benefits of ERP system in an organization
There are both tangible and intangible benefits of ERP system in an organization. An ERP help in not one but many department of an organization and create a common database so right information can be accessible to right person at right time.
Different departments that could benefit by using an ERP system are Finance/Accounts, Manufacturing, Marketing/Sales, Supply Chain/Warehouse Management, CRM, Project Management, etc
Read the full article about various benefits of ERP in an organization in the article below: