An Enterprise resource planning (ERP) is a management system that is used to integrate the different departments and function of business into a unified system. One of the largest investment an industry can have is having an ERP system yet, many medium and small industries think that their industry is too minute for an ERP system. ERP is a major tool in corporate-scale business as resources between stakeholders are being managed.The data given by the ERP system is useful for marketing, management, bookkeeping and ensures that the organization makes vital decisions without delay. Potential barriers or obstacles that may affect productivity levels negatively are being detected on time and averted.
It ensures transparency because all the departments in an industry would have the necessary information system instead of a department having only its own information and data.all important data can be and accessed and shared by every department instead of the individual department having access to only its own information. This makes it unnecessary for re-entering or exporting of data, which reduces errors, increase productivity and reduction on the human resource are reduced.The increased simplicity by streamlined business procedures allows staff change their attention on managing the bigger business. This helps to transform several series in your enterprise to overcome the challenges being faced in small business growth. In conclusion, ERP plays an important role in the growth of a small business.