Core ERP Modules

Financial Management: These modules support accounting, financial reporting, performance management, and corporate governance. They manage accounting data and financial processes such as general ledger, accounts payable, accounts receivable, fixed assets, cash management and forecasting, product-cost accounting, cost-center accounting, asset accounting, tax accounting, credit management, budgeting, and asset management.

Operations Management: These modules manage the various aspects of production planning and execution such as demand forecasting, procurement, inventory management, materials purchasing, shipping, production planning, production scheduling, materials requirements planning, quality control, distribution, transportation, and plant and equipment maintenance.

Human Resource Management: These modules support personnel administration (including workforce planning, employee recruitment, assignment tracking, personnel planning and development, and performance management and reviews), time accounting, payroll, compensation, benefits accounting, and regulatory requirements.

Extended ERP Modules

Customer Relationship Management: These modules support all aspects of a customer’s relationship with the organization. They help the organization to increase customer loyalty and retention, and thus improve its profitability. They also provide an integrated view of customer data and interactions, helping organizations to be more responsive to customer needs.

Supply Chain Management: These modules manage the information flows between and among stages in a supply chain to maximize supply chain efficiency and effectiveness. They help organizations plan, schedule, control, and optimize the supply chain from the acquisition of raw materials to the receipt of finished goods by customers.

Business Intelligence: These modules collect information used throughout the organization, organize it, and apply analytical tools to assist managers with decision making.

E-Business: Customers and suppliers demand access to ERP information including order status, inventory levels, and invoice reconciliation. Further, they want this information in a simplified format that can be accessed via the Web. As a result, these modules provide two channels of access into ERP system information-one channel for customers (B2C) and one for suppliers and partners (B2B).