ERP software development - outsourcing company Boosty Labs

ERP software development

ERP stands for Enterprise Resource Planning. It is a business process management software that integrates and enables finance, supply chain, operations, reporting, manufacturing, human resources. Thanks to ERP, an easy-to-use system can be created that simplifies decision-making, reduces costs, and, in general, allows for more efficient business management. For several years, the Boosty Labs team has been successfully involved in outsource erp software development. We are a world-class fintech and cloud engineering team with a solid background of practice that combines consulting, strategy, design and engineering at scale.

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Benefits of ERP implementation

Finance

Modern ERP systems offer real-time overview of financial performance from any device. It can also help you eliminate manual data entry by automating day-to-day tasks and tracking business compliance.

Personnel Management

Modern solutions monitor company data and simplify employee management, such as payroll, hiring, and more. You can also track employee performance and identify personnel problems in advance.

Production

This feature simplifies business communication, automates day-to-day processes, and helps manufacturers meet customer needs by managing data in real time. In addition, the solution streamlines project and cost management as well as production planning.

Supply chain

If your employees still enter data manually and cannot accurately estimate the amount of inventory, you can easily save time and money by automating these processes using ERP. Modern solutions also simplify product management with dashboards and business intelligence.

Three signs that you need an ERP system

Basic solutions hinder development

Let's say you previously lacked the basic capabilities. However, if the current software is holding back the market and limiting the scope for global growth, it may be time to change it.

You are using dissimilar systems

As technology changes, you find that dissimilar systems don't work well together. The new accounting software is incompatible with the outdated HR management system, and you are tired of wasting time and resources in fruitless attempts to integrate them.

You are not meeting customer expectations

If your resource planning system isn't compatible with your employees 'or customers' mobile devices, it's time to get a new one. If you think that your investment in meeting customer needs will not pay off, or if you don’t want to provide your staff with the tools they need to succeed, they will simply go to your competitors.

The essence and structure of ERP

ERP (enterprise resource planning) is a kind of enterprise strategy, within which the management of certain areas are taken into account:

  • tax and accounting, budget planning;
  • labor personnel;
  • assets;
  • interactions with partners, maintaining a detailed history of transactions with clients.

It is a system that automates one or more aspects of an organization's work. All results are entered into a common database, where they are stored for several years. 

ERP program is a whole range of activities. It includes:

  • creation of a control model for all flows;
  • installation and maintenance of storage equipment;
  • providing a full-fledged IT department;
  • training users for everything they need.

How to know it's time for ERP

Now all spheres of business are actively developing, therefore, almost every enterprise moving forward is quickly faced with the need to implement information systems that will help optimize some part of the company's work. This is required in order to remain a competitive organization and reduce the resources that are used in production.

Here are a few signs that signal that it's time to change:

  • employees have to spend a lot of time on routine and simple tasks that are easy to automate;
  • it is difficult to obtain operational information in order to make urgent decisions;
  • too many disparate products and programs that cannot be combined into one, modules and tables are not transferred from one software to another;
  • there is no objective and timely data on the balances in warehouses, the movement of finance, goods;
  • you cannot study and analyze reports outside the office, only from a specific computer at the workplace;
  • accounting documents are prepared for a very long time;
  • all sales and communication with customers in general are impossible to complicate;
  • it is difficult for departments to interact with each other;
  • if there is an IT department, it functions with great difficulty;
  • there is no suitable level of control over the actions of personnel.

History

The first systems to help keep track of resources appeared in the 1960s. One of the most efficient was called MRP and was used to plan and distribute materials and raw materials. This software was expensive, but at the same time cumbersome and cumbersome. For her work, many specialists were required, but together with all the inconveniences she was used until the 80s, as the only worker.

In 1983, MRP II was invented, which became modular and took over more key production processes. This included  planning; purchase; contract management; specification.
It became easier to plan, it became possible to reduce inventory in warehouses and minimize waste. But it did not work for long. In 1990, analysts created an ERP, in which they later singled out CRM for external interactions and PLM for internal cycles.

Classification, types, structure of the concept of a modern ERP platform

In accordance with the most complete classification, 4 groups can be distinguished:

  • by appointment – industry and general;
  • by the type of organization – private, hybrid, public – they are also divided into cloud and exclusively internal, desktop, which is only for PC, and browser;
  • by architecture – uniform and modular, the latter are now becoming more and more popular, because you can choose the ideal system for yourself by composing it from several parts;
  • by the type of license – proprietary and open source code, the latter are poorly distributed throughout our country, since a specialist is required who will monitor and configure it.

Architecture

Modern ERP consists of 3 levels:

  • database – information is stored here;
  • applications – array is processed, used;
  • graphical interface – needed for the convenience of the user, often carried out through web programs.

What is the ERP system used for?

The use of such software should give certain advantages over others and features in the functionality.

If you correctly install and use such software, it will help create a single information space that will allow all specialists to simultaneously work with this array. Information will be available to everyone instantly, there will be no downtime, the number of errors due to the human factor is minimized. But even if they do appear, it is quite easy to eliminate them. Therefore, ERP is recommended to all enterprises where the urgency and accuracy of the transmitted is a critical factor.

If an organization is going to develop and wants to keep pace with the times, then it needs to establish a quick exchange between its departments. This is required if there is more than one department and from 10 employees.

This is another popular reason for implementing such software. When processes become cumbersome, everything needs to be optimized and updated. Instead of many different software that does not integrate well with each other, it is easier to install one platform that will solve all problems at once.

What an ERP system consists of

  • Platform. This is a base with minimal capabilities, an environment in which the built-in elements will work. Only the creator and his team can change anything in it.
  • Control over money. The database is stored here, the methods of storing and processing arrays are taken into account, there are tools for interpretation, software for working with this.
  • Modules. These are components that will be connected at the request of users. Each of them has its own functionality and exists independently of the others.

Where to get an ERP system for an enterprise

There are three ways to get ERP software development service that will help you to plan your resources.

  • Create your own product. If you write everything completely yourself, there is a risk of getting inoperable material with many errors, which during operation will create big problems.
  • Buy a ready-made platform. If you make the right choice and order additional customization, you will get a typical software, but it works perfectly with your tasks. Here you have to ask for constant or regular developer support.
  • Order development by professionals from an ERP software development company

It is more expensive, but there is a possibility of getting a result that will be completely adjusted to the wishes and needs of the business.

What the system should provide

It is a platform that is committed to helping you prepare resources and track business processes. The main point that it will deal with is reporting documentation. But these are not all of its capabilities.

  • Planning. The software will help prepare the necessary stocks of materials, raw materials, control the fullness of warehouses and offer an order.
  • Convenient workflow. Fast execution of any documents, intuitive parameters and simple storage.
  • Transparency. All transactions, their dates, volumes and other useful information are recorded for comfortable interaction with the array.
  • Single network. All departments will be located on one platform at the same time. Even if they all work with one file, this will not affect performance.
  • Personnel accounting. The program monitors the number of personnel, prompts about its shortage or overstaffing, helps with payroll calculations and planning payroll.
  • Suppliers. The entire document flow, the base of intermediaries, automatic requests for volume and availability, the formation of orders.
  • Clients. Storage and optimization of data sets for each customer.
  • Service and repair. The software must have its own manager who will help with debugging, tuning and repair work in the event of a breakdown.

Streamline your organization's processes with products from Boosty Labs. Our outsource developers will help you to choose the right software for you, depending on the specifics of your business.