Enterprise Resource Planning integrates management, staff and equipments in to one system to facilitate every aspect of functional applications of the business. ERP needs so much modifications and up gradations in the software to give complete solutions to current market scenario. The software developers have a lot of pressure from customer's end, in view to fulfill the requirements of the customers, to achieve their high expected goals.
Companies facing financial crisis and pressure to reduce the operational cost, Top Management implementing advanced technology and new methods to reduce the cost and improve the performance of their manpower and assets. In the mean time, the software professionals bring new trends in the ERP system.
Modernization of ERP
Software professional are analyze and examine the risk factors while facing the pre- implementation and post implementation, and the problems facing by the current user of ERP. They proposed solutions to avoid these risks and make it as user friendly software.
Market Trends and Expectations
ERP is widely used software across all the companies, it is well known for its integrity and measuring processes, which is the foundation the company stands on. Mainly ERP software is more popular across all types of business, for its traditional strengths like measurable capability, end to end business support, high integrity and global performance. These are the basic strengths of the software which fulfill the company's needs. But as the business strategy increases globally, as usual the competition also increases between the companies. So, that the requirements of the users also increases to beat the competition in the market, and to meet the customer expectation and satisfaction, they are asking for the new trends in the enterprise resource planning solutions, which influences their business.
The global ERP users have many expectations on new developments in the software. The below are some of the requirements.
Reduction in Implementation Time
ERP takes such long time to install get set the total system in to process. This is indirectly causing the chances of reduction in potential business by losing man - hours. Software users are expecting to ERP application easy to be install and reduce the amount of time spending for the implementation.
ERP implementation is a very costly aspect, as large firms only can manage to invest such huge investments having fund. But, small or medium scale firms are unable to put such a huge amount to get the software implemented in their companies in spite of having adequate funds. The expenses on ERP implementation need to be reduced to a minimum level so that small and medium scale companies can also invest according to their capacity to get benefits from the new technology.
Need Based Application
The main back drop in ERP implementation is that, organizations have to purchase the complete package irrespective of there usage of the applications. Though some of the applications are not helpful in the functions, companies have to buy the complete software. This is the biggest hurdle of the enterprise resource planning software. Users want to see the changes in the ERP, to get the user friendly software.