Core Objectives of ERP Implementation

ERP is widely used in various industries irrespective of size or type of business they are operating in. ERP comprises software package of different modules that enhances the operational efficiencies of the business to achieve their goals at a faster rate.

Before you go for implementing the ERP, it is advisable to research well on your business's requirements, importance of ERP, and how it helps your organization, what the best practices are for implementing it successfully, who the right vendors are for your business, etc. In this article, we will discuss core objectives of implementing the ERP successfully.

• Streamlining the information: Every organization wants to do up to their potential but sometimes they lag behind because of non-availability of information or poor coordination among the various departments of the organization. For example, someone want to prepare a report on a particular thing, it becomes difficulty in searching for the file where required information is present. It eats away half of the day in searching for it.

ERP is an automated application that helps in integrating all data and real time information from various functional departments under one database. This helps in creating a great working environment to your staff to work as a team to achieve the common goal. This also helps the department heads to know the productivity time and completed tasks of the employees.

• Improves return on investment (ROI): Return on investment is another core objective of the ERP. Today, every business owner is ambitious and strives to get best out of the money they invest in their business. In this process, they adopt best industry technologies that enhance their operational efficiency.

ERP is such technology that improves ROI, if it is implemented as per the defined business requirements. It is considered an ideal platform where your employees can utilize their productive time and resources optimally to contribute to the organization's success.

• Acts as a decision support system: In order to run a successful business, it is very important for the business owner to take effective and right decision according to the situation (man power control, inventory control, purchasing level, rate of cost cut down, etc). For this, business owner needs real time data of the organization. ERP gives a solution by tracking real time information time to time from the various functional areas of the business under single database. This enables decision makers to utilize the required information at the right time to take right decisions.

Differences between Enterprise Software and Software-as-a-Service

Enterprise software is designed exclusively to perform the operations of the business. Software-as-a-service is the service available on the cloud and delivered to the user through internet when requested.
   
Business can make use of either of them to perform the operations. But which one of them is more useful for the benefit of the organization? Here are some of the differences between the enterprise software and the Software-as-a-software are

Customization and functionality

• As an enterprise software is owned by the business or organization, it can be customized/modified according to the needs of the business. It can be modified to perform all the operations of the business.

• But, software-as-a-service is deployed on cloud and available for multiple users. So, there is no guarantee that it performs all the functionality of a particular business. And customizing would also be very difficult and impossible at times.

Developing and installation

• Developing and the installation of an enterprise software for a business or organization is expensive and time taking process.

• Software-as-a-service is very cheap and is readily available for the user whenever needed. It is also easy to install this services.

Training

• Enterprise software requires training to the people, who are the part of the business and uses it regularly. Hence, it may be an extra burden to the organization to invest money and train the employees.

• In case of software-as-a-service, very less training is required and it would not cost much to the organization to train their employees.

Modifications/updates

• Any software need to be updated and modified for proper functioning and better performance. Enterprise software once installed on the business server does not work forever efficiently. It need to be updates as technology changes and also with the changes in the business. This is again an extra cost for an organization. Which means maintenance is expensive in case of enterprise software.

• For a software-as-a-service, maintenance and the modifications are the responsibility of the service provider. So it is all done for the free of cost and user need not worry about them.

Access to business data

• If a business need to generate the reports for analysis, it is easy when it has its own enterprise software. This is because all the data and records related to the business are stored securely and are accessible anytime.

• But software-as-a-service is a common service to most businesses who are subscribed and all their data are stored by the service. This makes the access to their relevant data more complex.

• Querying the records would also be more complicated in the case of software-as-a-service. Whereas it is easy when an organization has an enterprise software.

Resource sharing

• When there is a need of sharing the interface or the software with other business, enterprise software need to be installed in the other party server/system. This takes long time and big work to install the software and test to check if it is running properly. So, it is not easy to share resources with the other businesses.

• In same situation, sharing of resources with the other businesses would be easy if the business is using the software-as-a-service. Any organization can subscribe and install the software from the cloud and share the resources easily.

• Businesses/organizations who deployed the enterprise software in their server will have the total control of the software and the business in their hands.

• Whereas if the business is using software-as-a-service, the information of the business is shared with others and the software is controlled by the service providers. So, the organization cannot have total control of software or business in their hands.

Thus, understanding the differences between enterprise software and the Software-as-a-Service, businesses should choose the best service that can fulfill all their requirements.

Know About Case Management Software

Legal case management refer to a subset of law practice management and it cover many approaches and technologies used by law firms and courts to apply knowledge and methodologies for managing the life cycle of a case. Case management software helps the attorneys to store the relevant information of the cases and helps to take better decisions.

Functions of legal case management software is, it helps to better use, manage, consolidate, share, protect information and it also tracks and shapes the business process.

Case management software is used by lawyers, attorneys, financial firms, insurance and utilities etc., because it provides the flexibility needed by them and also customized according to the needs of every industry. It is affordable, provides exceptional support and is easy to use.

Benefits offered by the case management software are:

• It helps to take better decisions: It helps the employees to take effective decisions based on the context of the case. Case Management allows workers to bring the cases to closure in a reduced amount of time and costs. Case management software allows to meet the SLAs and to achieve improved customer satisfaction and retention
• Monitor all cases: It provides access to all cases and monitor their status. Missed SLAs, pending work, etc. can be handled with the help of fully configurable performance and monitoring dashboards case management software.
• Improve compliance: Claims management software helps the users to be fully compliant with changing regulations and other compliance needs. All the actions and decisions taken by knowledge workers are audited for compliance.
• It helps to manage large numbers of cases and investigations.
• It records the time that is spent working on a case and also the activities done.
• The software handle cases and tasks more efficiently.
• It helps to to collaborate on cases and maintain complete case histories with instant access to all related information.
• It prevents the leakage of the claim with the help of workers compensation software in compensating the workers.