Benefits of ERP:
1.Give Account Payable personnel increased control of invoicing and payment processing.
2.Reduce paper documents
3.Improves timeliness of information.
4.Greater accuracy of information with detailed content, better presentation, satisfactory for the auditors.
5.Improved cost control.
6.Faster response and follow-up on customers.
7.More efficient cash collection,
8.Better monitoring and quicker resolution of queries
9.Enables quick response to change in business operations and market conditions.
10.Helps to achieve competitive advantage by improving its business process.
11.Improves supply-demand linkage with remote locations and branches in different countries