Manufacturing is the major operation-planning and execution module of the ERP system. The module also offers critical features, such as Material Requirements Planning (MRP), Product Life-Cycle Management (PLM), quality management, and resource planning.
It helps businesses simplify complicated production operations and ensure demand fulfillment with real-time insight into processes.
3) Sales Module
Most of the businesses across multiple industries use the sales module. ERP systems cover order management features that help organizations track orders, shipping, billing, and payments.
With a sales module, businesses can also get reports for leads, inquiries, sales team performance, conversion ratios, customer behavior in buying, and much more under the same software.
4) Module for Customer Relationship Management (CRM)
With ERP modules for CRM, businesses can manage customer data and engagements, such as sales, marketing, and customer support.
ERP systems with CRM also help organizations to strengthen customer, as well as B2B relationships.
5) Human Resources Management (HRM) Module
Most businesses prefer HRM solutions in an ERP system for timesheets, leaves, and payrolls.
With HRM modules, businesses manage easily manage human resources, such as employees, training, recruitment, employee benefits, performance, feedback, instant support, IT tools, and much more.
6) Supply Chain Management Module
ERP can help supply chain businesses in integrating and streamlining multiple business-critical processes, such as procurement, inventory management, warehouse management, transportation, distribution, and logistics.
An ERP system module helps businesses to improve resilience and efficiency in supply chain management.
7) Service Modules
Businesses using ERP systems can offer reliable experiences not only to customers but employees as well. Tools for repairs, exchanges, refunds, timesheets, tickets, performances, and many more can offer both customers and employees a satisfying experience.
These are just a few examples of commonly used ERP modules in multiple organizations. Well, businesses can use other ERP modules according to their unique needs. Nevertheless, the modules discussed above are the backbone of ERP systems.
Growing businesses in multiple industries have led to growing organizational complexities. Institutes can take a competitive advantage by using an ERP system, which is scalable, reliable, and customizable according to their unique business challenges.
Our reliable ERP implementation services
and solutions can help you to streamline business-critical operations, increase productivity, and improve ROI on technology spending by streamlining critical business operations, such as procurement, manufacturing, supply chain, financials, HR, sales, and accounting.
As per our research and recommendations, Odoo is a comprehensive open-source ERP solution for all your business needs and challenges. We are a certified ERP software development company and can help you achieve digital transformation goals. Please don’t hesitate to contact us and unleash the true potential of your business with us.