Full analysis of ERP core functional modules

The main functional modules of ERP (Enterprise Resource Planning) include the following aspects:

1、 Financial Management Module

General ledger management:

Record all financial transactions of the enterprise, including income, expenses, assets, liabilities, and other types of accounts.

Generate important financial statements such as balance sheets, income statements, and cash flow statements to provide a comprehensive view of the financial situation for business managers to conduct financial analysis and decision-making.

For example, when conducting quarterly financial analysis, companies can quickly obtain accurate financial data through the general ledger management system to understand the company's profitability, debt paying ability, and operational efficiency.

Accounts receivable management:

Track customers' credit status, including recording sales invoices, developing payment plans, and recording payment status.

Helps enterprises to collect payments in a timely manner, reduce bad debt risks, and improve the speed of fund recovery.

For example, when the sales department completes a credit sales transaction, the accounts receivable management module automatically records relevant information and sets reminders based on the customer's credit period to ensure that financial personnel follow up on collection work in a timely manner.

Accounts payable management:

Manage the debt situation of enterprises to suppliers, involving procurement invoice records, payment plan formulation, and payment records.

Assist enterprises in arranging fund payments reasonably, optimizing the use of funds by utilizing suppliers' credit periods, and reducing capital costs.

For example, after the procurement department completes a batch of raw material procurement, the accounts payable management module automatically records the accounts payable and develops a payment plan based on the company's financial situation and payment policies.

Cost accounting and management:

Accurately calculate the cost of a product or service, including direct costs (such as raw materials, direct labor) and indirect costs (such as manufacturing expenses, management expenses, etc.).

Providing a basis for enterprises to formulate reasonable pricing strategies, while also helping to control costs and improve product competitiveness.

For example, in manufacturing enterprises, the cost accounting and management module can accurately calculate the cost of each product based on various cost elements in the production process, so that the enterprise can control costs and make pricing decisions.

2、 Supply Chain Management Module

Procurement Management:

Covering the stages of procurement plan formulation, supplier selection, purchase order issuance, and procurement receipt.

Optimize the procurement process, reduce procurement costs, ensure timely supply of raw materials and components, and guarantee the smooth progress of enterprise production.

For example, companies develop procurement plans based on production schedules and inventory levels, evaluate and compare suppliers to select suitable ones, issue purchase orders, and track order execution to ensure timely delivery of materials.

Inventory management:

Comprehensively manage the inventory of the enterprise, including functions such as inventory counting, inventory transfer, and inventory warning.

Real time monitoring of inventory levels to avoid inventory backlog or stockouts, improve inventory turnover, and reduce inventory costs.

For example, when the inventory level is below the set warning line, the inventory management module automatically issues an alert to remind the procurement department to replenish the goods in a timely manner; At the same time, through the inventory transfer function, the inventory between various warehouses within the enterprise can be reasonably allocated to improve inventory utilization.

Sales management:

Responsible for sales order processing, sales shipping, sales returns, and other related businesses.

Closely integrated with the customer relationship management module to better understand customer needs, improve sales efficiency and customer satisfaction.

For example, after the sales department receives a customer order, the sales management module quickly processes the order, arranges shipment, and tracks the execution status of the order. If there is a sales return situation, promptly handle the return process to protect customer rights.

physical distribution management:

It mainly involves logistics links such as product transportation and warehousing.

Optimize logistics delivery routes, choose suitable logistics partners, reduce logistics costs, and improve logistics efficiency.

For example, enterprises monitor and optimize the logistics process through logistics management modules, select the most cost-effective transportation methods and logistics suppliers, and ensure timely and accurate delivery of products to customers.

3、 Production management module

Production Planning and Scheduling:

Based on sales orders and forecasted demand, combined with the company's production capacity and material supply situation, develop reasonable production plans and schedules.

Effectively coordinate production resources, improve production efficiency, ensure timely delivery, and meet customer needs.

For example, enterprises develop production plans based on market demand and sales forecasts, arrange production equipment and personnel reasonably, and ensure the smooth completion of production tasks.

Material Requirements Planning (MRP):

Calculate the quantity and time required for raw materials and components based on the production plan.

Purchase materials in advance to avoid production interruptions caused by material shortages and ensure production continuity.

For example, the production department accurately calculates the types and quantities of required materials through the material requirement planning module based on the production plan, and promptly issues a purchase request to the procurement department.

Workshop homework management:

On site management of production activities in the workshop, including task allocation, progress tracking, quality inspection, etc.

Real time monitoring of the production situation in the workshop, timely detection and resolution of problems, and improvement of product quality and production efficiency.

For example, workshop managers allocate production tasks to various production workstations through the workshop operation management module and track production progress in real-time. Quality inspectors conduct quality inspections during the production process to ensure that product quality meets standards.

4、 Human Resource Management Module

Personnel management:

Including employee basic information management, personnel file management, employee recruitment, resignation and other process management.

Assist enterprises in establishing a sound personnel management system and improving the efficiency of human resource management.

For example, enterprises manage employees' personal information, work experience, training records, etc. through the personnel management module, while standardizing the recruitment and resignation processes of employees.

Attendance management:

Record employees' attendance, such as working hours, leaving hours, leave requests, overtime, etc.

Accurately calculate employees' wages and benefits, and strengthen labor discipline management.

For example, companies use attendance management modules to record and track employee attendance, providing accurate data basis for salary accounting.

Salary management:

Calculate the employee's salary and benefits based on factors such as attendance records and performance evaluation results.

Ensure the accuracy and fairness of salary calculation, and improve employee satisfaction.

For example, the finance department calculates employees' salaries and bonuses through the salary management module based on the data provided by the attendance management and performance evaluation module, and distributes them on time.

Training and Development:

Responsible for developing employee training plans, managing training courses, and evaluating training effectiveness.

Improve the skill level and comprehensive quality of employees, and provide talent support for the long-term development of the enterprise.

For example, companies develop training plans based on employees' career development needs and development strategies, organize employees to participate in various training courses, and evaluate the effectiveness of the training.

5、 Customer Relationship Management Module (CRM)

Customer Information Management:

Record basic customer information, transaction history, contact information, etc.

Assist enterprises in comprehensively understanding customers and providing personalized services to them.

For example, the sales department uses the customer information management module to understand customers' needs and purchase history, and provides targeted product recommendations and services to customers.

Sales opportunity management:

Track and evaluate sales opportunities, including identifying potential customers, following up on sales leads, and providing sales quotes.

Improve sales success rate and increase sales revenue.

For example, the sales team follows up with potential customers through the sales opportunity management module, timely understands changes in customer needs, provides personalized solutions, and improves the conversion rate of sales opportunities.

Customer Service Management:

Responsible for handling customer complaints, inquiries, and after-sales service requests.

Improve customer satisfaction and loyalty through timely and effective customer service.

For example, the customer service department responds to customer complaints and inquiries in a timely manner through the customer service management module, solves customer problems, and improves customer satisfaction.