Enterprise resource planning (ERP) software integration is key for businesses looking to streamline their processes and increase productivity. But many don’t yet realise this.
With this in mind, we would like to discuss what ERP integration is and why it’s important.
First, let’s break down what an ERP system is.
Definition of ERP system
Put simply, an ERP system provides businesses with a comprehensive set of tools that streamlines business processes, such as accounting, inventory management, human resources, and more.
With an ERP system, you have access to a wealth of information (all within a single platform) that can be easily analysed. Providing the insights you need to optimise your operations, reduce costs, and increase profitability. Think of it is an all-inclusive business platform.
Types of ERP systems
There are many ERP systems to choose from depending on your business objectives. Some of the most popular ERP platforms include:
- NetSuite
- Sage Intacct
- SAP Business One
- Acumatica
- Microsoft Dynamics
G2 offer a comprehensive list of ERP systems with reviews to help anyone searching find the right solution.
What is ERP Integration?
ERP integration is the process of connecting an ERP system to other systems within a business.
This could be customer relationship management (CRM), supply chain management (SCM), ecommerce stores or accounting software.
This connection allows the sharing of data across the systems. Eliminating the need for manual data entry and reducing the risk of errors.
Why is ERP Integration Important?
There are many benefits to integrating your ERP system. Let us highlight those we believe to be most important.
Data Accuracy
Integrating your ERP system immediately increases the accuracy of your data. With your systems integrated, data only needs entered once, reducing the risk of human error.
Also, with access to more accurate data, businesses can make better decisions and improve their performance.
Efficiency
Secondly, ERP integration can improve efficiency by automating processes. For example, an integrated ERP system can automatically generate purchase orders when stock levels are low. Saving time and reducing the risk of stock shortages.
Visibility
Integrating your ERP system will provide greater visibility into your business operations. With data from all your systems under one roof, you can quickly identify trends and make data-driven decisions.
Collaboration
Lastly, ERP integrations enable better collaboration and communication between different departments or external partners, streamlining supply chain management and improving customer service.
Types of ERP integrations
Now that you know the benefits of integrating your ERP system, let’s look at some common use cases.
E-commerce Integration:
Integrating an ERP system with an e-commerce platform allows businesses to automate order processing, inventory management, and shipping. This improves order accuracy and reduces manual labour.
With access to their API, e-commerce platforms such as Magento, Squarespace, WooCommerce and Shopify can be easily integrated with most ERP systems.
CRM Integration:
Connecting an ERP system with a CRM platform allows businesses to share customer data, improve sales forecasting, and streamline sales order processing.
Software such as Salesforce, HubSpot, Workbooks and Zoho are commonly integrated with ERP systems.
Supply Chain Integration:
Integrating an ERP system with supply chain partners enables businesses to automate procurement, inventory management, and production planning. This can reduce costs and improve supply chain efficiency.
Marketing Automation Integration:
Syncing an ERP system with a marketing automation platform allows businesses to automate marketing workflows, such as lead generation, email campaigns, and social media advertising. Allowing marketing teams to function more efficiently.
Popular marketing automation integrations often include: Mailchimp, Klaviyo and Contentful.
Accounting Integration:
Integrating an ERP system with accounting software such as Sage, Xero, FreshBooks or even QuickBooks improves financial reporting and reduces manual data entry. It also provides better visibility into financial data across different departments.
Human Resources Integration:
Integrating an ERP system with an HR platform streamlines employee data management, such as payroll and benefits administration.
Commonly integrated HR platforms include Breathe, Employment Hero, BambooHR and People HR.
In conclusion, integrating your ERP software can be a complex and challenging process. But, with careful planning and execution, you can integrate your software and reap the benefits of improved efficiency, reduced costs, and increased productivity.
By identifying your objectives and choosing the right type of integration you can successfully synchronise your ERP software and achieve your business goals.
Besyncly ERP integrations
Did you know Besyncly offer ERP integration?
At Besyncly our team can create a customised ERP integration – using our cloud-based integration platform. Allowing your business to automate workflows, cut manual processes, and enhance services.
Check out the Besyncly homepage for more information or why not fill out our contact form to speak to one of our integration specialists.
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