With ERP software, your production facility is able to communicate effectively with various departments. While purchasing and implementing ERP is costly, it allows you to take your business to another level. This article mentions some of the plus points of implementing ERP software.

Benefits of implementing ERP software

• Improves efficiency: With the help of ERP, companies are able to boost their efficiency. The software helps in eliminating repetitive processes and the need to enter information manually. It also streamlines different business processes and makes it easier for the company to collect data from each department.
• Increases productivity: With ERP software, companies are able to eliminate redundant procedures. This gives your employees more time to perform other important tasks, which improves overall productivity.
• Accurate forecasting: ERP software allows managers to create accurate forecasts. Since the information collected is highly accurate, businesses are able to make realistic estimates.
• Collaboration and integration: Another benefit of using ERP software is collaboration. The collaboration between departments is an important aspect of manufacturing operations, which creates transparency. With data being entered and shared with all the departments, they can work together seamlessly.
• Flexible and adaptable: ERP software is highly flexible. They can be tailored and custom-made according to the need of a business. This prevents business owners to buy new software once their business changes.
• Stay ahead of the competition: Yes, ERP software is expensive and requires a substantial investment, but it is going to cost you more if you do not purchase the software. Manufacturers who are still using traditional methods have been left behind their competitors. ERP provides technological advancements that support production and boosts productivity.
• Mobility: ERP gives you access to a centralized database, which allows you to take your work anywhere you want.
• Cost elimination: With ERP, companies are able to keep administrative and operational costs in check by using real-time data. This allows managers to prevent delays and make decisions whenever necessary.

ERP system pricing
ERP system is priced as per users on a monthly basis. However, some vendors provide subscription services as well:

• Aquilon Software: They offer both on-premise and Cloud-based licensing options. The on-premise license typically ranges from $1500 to $3000 per user depending on the number of modules selected by the company. The Cloud licensing option costs $75 to $150 per user per month.
• BizAutomation Cloud : This ERP software costs $79.95 per user per month. The subscription includes all the modules of ERP, excluding e-commerce. If you want to add e-commerce, it is going to cost an additional $149.95 per month.
• ECOUNT ERP : Their pricing is pretty straightforward; they will charge either $55 per month or $600 per year. The subscription includes all the functions, groupware access for 10 users, and unlimited user IDs. They also provide iOS and Android apps, multilingual support, and barcode app. Another benefit is that they include an e-commerce module in their subscription, which helps you save money.
• ERPNext : It is an open-source ERP software that is free for on-premise. The Cloud-based version costs $50 per user per month and includes all modules, 15,000 emails per month, unlimited custom fields forms and scripts, and 25GB of storage.

The majority of the vendors offer per user per month pricing model, while some of them offer perpetual licenses for a one-time fee. ERP software has become a backbone for businesses. Without implementing ERP, companies are unable to operate efficiently. So, it is very important to choose the right ERP software that fits the needs of your business.