ERP Basic Features
Separation of the programme code and
the data areas
Command language
Screen based flow control
Application logic
Common service functions such as the
currency, date, editing and help
Diagnostic functions
Transaction flow control
Help functions
Business forecasting for product,
groups, markets
Target fixing and allocation by the
key parameters
Business planning in terms of the
resources to execute
Strategy formulation and
implementation
MIS for strategy monitoring and
control
Business modeling for the strategy
development and testing, DSS for resource planning
Information base management for
management applications
Basic data (master) management
Order processing
Dispatching and invoicing
Order analysis, forecasting
Sales analysis budgets and control
Finished goods stores management
Dealer, distributor management
system
Receivable analysis
Basic master data management
Bill of materials, classification
Process sheet, routing
Work order generation, scheduling
and control
Production Planning: BOM, MRP, MPS
and capacity planning
Interface of CAD/CAM/CAE systems
Purchasing and procurement
Goods receipt and issue system
Stock management and valuation
Inventory analysis
Stores ledger, valuation, analysis,
disposal
Excise/customs interface
General accounting functions
Ledger, payable and receivables
Subsidiary ledgers
Cash-flow management
Loan management, funds management
Working capital management
Budgeting, planning and control
Balance sheet processing
Tax management, status reporting
Assets accounting
Personnel data management
Personnel attendance system, time
management
Payroll Accounting: salary, wages,
incentives, bonus, income tax and other deductions, and contributions to various
public and provident funds
Human Resources Management:
Planning, recruitment, training and up graduation
Personnel cost, projection and
planning
Fixed assets accounting: Inventory,
register
Depreciation accounting
Capital work in progress
Fixed assets retirement and disposal
Year and processing for balance
sheet schedules
Plant maintenance planning
Breakdown, preventive, conditional
maintenance
Maintenance Management: Initiation,
planning, execution, control, and cost accounting
Monitoring performances for
maintenance actions as all kinds of productive assets
Contract management
System of data gathering to assess
quality and measure against standard.
Analysis of quality by process,
material, work centre location
Analysis of quality by reasons and
actions taken
Building quality assurance data for
equipment/process technology selection
Monitoring quality across the
organization from input to output for operating decisions and business decisions
Accounting by units and divisions
with local focus
Consolidation by accounts in
corporate functions
Bringing out comprehensive reporting
system for business decisions.
