Organizations that handle large volumes of data – from technical and administrative data to various types of catalog content – need Enterprise Resource Planning (ERP) software. This is essentially the “brain” or “backbone” of the organization’s operations. ERP systems are the central storage point for an organization’s information, making it extremely easy to find for authorized personnel and any linked software.
How certain are you that your organization is using a procurement software that best serves your needs? There are many considerations when it comes to a reliable PO requisitions software such as integration, automation, and communication. If you’re feeling that it’s time to update, here’s a go-to checklist for functionalities to consider when it comes to purchasing a new procurement software:
An ERP (Enterprise Resource Planning) System is software that “manages a company’s financials, supply chain, operations, commerce, reporting, manufacturing, and human resource activities.” It’s your organization’s central hub for data sourcing and storing. Legacy ERP Systems were slow, antiquated, and didn’t provide remote access (Can you imagine?). Thankfully, technology has come a long way since the 20th century. Modern ERP Systems can interface well with other systems, are faster and more reliable, and save time and money by automating processes. They are also Cloud-hosted, so you have the peace of mind of knowing your data is safe and secure.