What are the modules in ERP?

Enterprise Resource Planning software has become the lifeblood for businesses over the last decades. It gives employees access to business data for tracking, evaluating, and managing operations with efficiency. Common ERP modules support back and front office functions such as procurement, finance, accounts, sales, inventory management, supply chain management, and more. 

Let Us Have a Look at Some of the Basic ERP Modules:

1. Finance and Accounting

Finance and Accounting ERP module focuses on displaying the current financial state. It automates billing tasks, vendor payments, helps you prepare reports such as Profit and Loss statements, and more.


2. Human Capital Management

Human Capital Management ERP module allows businesses to manage, develop and recruit human resources or employees and streamline the onboarding process. It promotes talent management, compliance management, workforce management and maintains employee data.


3. Procurement

Also known as the Purchase module, Procurement helps manufacturers find out which goods should be required for production or selling.


4. Manufacturing

Manufacturing ERP module encompasses multiple functionalities for streamlining manufacturing operations. These include Material Requirement Planning (MRP), Advanced Planning and Scheduling (APS), Manufacturing Execution System (MES), etc.


5. Order Management

Order Management ERP module helps you manage sales channels, track orders, manage people, and data connected to orders, from receipt to delivery.


6. Inventory Management

Get real-time inventory information and manage the planning, logistics, operations, and finance in a streamlined manner. This module provides functionalities such as ABC item analysis, forecasting, inventory audits, etc.


7. Warehouse Management

Warehouse Management ERP module manages high-volume warehouse operations while increasing inventory turns. WMS helps employees locate the right products to ensure timely and systematic delivery to customers.


8. Supply Chain Management

ERP Supply Chain Management module manages materials, man, refunded products, and replacement orders. It tracks every step in the supply chain process.


9. Customer Relationship Management

Customer Relationship Management ERP module helps manage the customer lifecycle which means it tracks and manages every process from initial contact to post-sale support services.


10. Ecommerce

Ecommerce module integrated with ERP ensures shared database, automation, and consistency of data. A feature-rich eCommerce platform for B2B and B2C manufacturers promotes efficiency and automation.

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