Review done by Rajeev Kansal
Dated 4 May 2025What is an ERP and do I need it?
In the fast changing world, there are two things which have become important (of course other than basics) – the right information and quickness of that. Enterprise Resource Planning systems (or ERP’s) comes to play a big role to bring about this transformation by
– integrating various business processes like finance, human resources, supply chain and customer relations into a single platform, ensuring seamless information flow and reducing data silos
– enhancing data accuracy and accessibility – providing real-time insights, enabling informed decision-making and strategic planning.
– improving operational efficiency by automating routine tasks (reduces manual intervention), minimizing errors, thereby focusing on value-added activities
– ensuring regulatory compliances of industry standards and statutory through timely prompts, accuracy and audit trails.
I have been associated with FACT Software Group for over 5 years now. The FACT – ERP is as one of the best in its space and is suitable for any kind of industry and turnover. Its ‘Management Information System’ is seamlessly fast in providing all the essential reporting at a ‘press of a button’ with complete ‘drill down’ facility to look for abnormal variances. The software is completely scalable, customizable, user friendly with flexible reporting tools and complete data integrity (with onsite system). The information can be accessed by Top Management from anywhere (on-the-go) for effective management.