What is ERP?

ERP (Enterprise Resource Management), is the term for the business processes that allow a company to manage organizational activities, such as accounting, purchasing, HR, supply chain, etc. using IT and software. An ERP system thus brings together the entire organization’s business functions in one platform and simplifies resource management.

About ERP

ERP was first named in the 1990s by The Gartner Group as a collective term for the core processes of manufacturing.

SAP will discontinue support for the previous SAP ERP technologies in 2027 and move its technology platform to S/4HANA.

ERP systems are most often built on modules. The ERP modules can cover one or more of the functional areas of the organization.

With 2BM as your implementation partner, you’ll have a new ERP system within 6-9 months, depending on the size of the company and the nature of the implementation.

What does ERP stand for?

ERP stands for Enterprise Resource Management, and the core function of an ERP system is that data can be shared across business units, streamlining the organisation’s information and data flow.

Discover more about Intelligent ERP by SOA People

What types of ERP systems are there?

There are various types of ERP systems. The following are examples of ERP systems you may have heard of:

SAP R/3 → SAP S/4HANA
SAP Business One (B1) – SAP Business One 10.0
LN/Baan → Infor LN 10.7
Microsoft Dynamics NAV → Microsoft Dynamics 365 Business Central
Microsoft Dynamics AX 2009 → Microsoft Dynamics 365 Finance and Operations
Oracle E-Business Suite Financials → Oracle E-Business Suite 12.2.11
PeopleSoft Enterprise → PeopleSoft 9.2 Update Image 4

At SOA People, we work with SAP ERP systems. We can offer an SAP ERP system that provides you with a complete platform covering all aspects of your business. SOA People’s skilled SAP consultants, with many years of experience, can help you develop a tailor-made solution to automate, visualise and improve your processes.

At SOA People, we work on migrating companies’ old ERP systems to SAP S/4HANA, which is a newer business platform that enables new technologies such as AI, machine learning and a completely new user interface with interactive reporting capabilities. With significant simplifications and new opportunities in system optimisation, data management and technical functionalities, S/4HANA is a crucial step towards the digitalisation of the future.

With SAP S/4HANA, you can prepare and optimize your business for the future with an intelligent and integrated ERP solution.

Prepare Your Business for the Future with a SAP S/4HANA Implementation

What can a new ERP system do for your business?

The benefits of an ERP system are that you have all your business processes in one place, saving time and resources. Other benefits include
Meeting industry-specific requirements and enabling new business models as the market evolves
Revolutionizing business processes with automation supported by artificial intelligence and robotic processes
Making better decisions faster with integrated analytics and digital assistants
Achieving your IT goals with hybrid, cloud-based and local scenarios that share a consistent data model, line of code and user experience.

SAP ERP systems powered by SOA People

Functionality for every need

When choosing an ERP system, it’s important to look at the functionality. Can the system meet your company’s current and future needs? Is there room for customisation? What will the customisation require in terms of development resources? And so on.

It is important to do your research so that you do not encounter unforeseen obstacles as your business grows and your needs change.

Many smaller companies buy a solution that is too small and then spend a lot of money on further development. This is both expensive in the short term in terms of customisation/development costs and in the long term because upgrading the system is expensive.

If you fall into this category, SAP S/4HANA could be a viable option, as it provides you with a comprehensive range of features. With S/4HANA, you gain access to features for every requirement, thereby reducing unnecessary development time. This ensures that your ERP system can support business growth as demands and requirements increase.

When a system is large or complex, it often means that it can handle complex issues that, by their very nature, don’t become simple just because you want them to be. This is where SAP’s extensive functionality comes into its own. It’s a solution that has great ‘breadth’, which means it’s a solution that covers many areas. And when we talk about functionality/complexity, it’s also important to talk about ‘depth’. Depth indicates a solution’s functional ability to cover a company’s needs and is therefore crucial for implementing a solution based on the strategy of using standard software.

To put it another way, it makes no sense to decide to use off-the-shelf software and then choose a solution that cannot meet the company’s functional requirements.