ERP Trends 2022October 20, 2022
We have just entered 2022 and all that we can witness is Enterprise Resource Planning (ERP) evolving at a high rate. ERP software efficiently manages the processes of a business such as purchase, sales, HR, marketing, and accounting. With so many advancements the present ERP enables companies to achieve excellence in operations and in meeting their financial goals.
What are the trends?
Here are some latest ERP trends to look forward to this year. They help in making the best purchase decisions and unifying the critical business functions which benefit the business.
- Domination of artificial intelligence
Artificial intelligence (AI) helps in reducing inefficiencies and improving the productivity of the organization. Predictive analytics and hyper-automation take ERP integration to the next level. It helps in decision-making and improves customer experience. The ERP systems that are enabled with AI use machine learning, chatbots, and natural language processing. It helps in achieving the business goals such as reduced costs, high productivity, and improved operations.
- Increasing demand for healthcare ERP
Hospitals and healthcare organizations require an integrated system for their support and core services, back-office operations, and also to lower operating costs and overheads. The new innovations in the ERP are playing an important role in multi-specialty hospitals and healthcare organizations. The patients, doctors, and clinical staff are connected on a real-time basis to enhance patient care. ERP is mostly used as a database to store the safety protocols which help in staying compliant with government and industry rules and policies.
- Mobility- The game-changer
In this competitive era, ERP mobility will continue to be a game-changer in every organization.
For example, Salespeople have to meet the clients outside the offices. They must be authorized to know the stock information and real-time sales figures from their mobile phone which will help them in making successful deals.
ERP system that is generally responsive to multiple devices and platforms connects the suppliers, stakeholders, and employees creating a positive impact.
- Increase in the usage of Three-Tier ERP
At present, ERP applications are progressing towards n-tier architectures. A Three-Tier ERP is given to three or distinct devices in a connected network. The application logic, database, and user interface are stored individually. This system is speedy, secure, scalable, flexible, and robust. It can combine data from many sources, thus making it the best option for all growing organizations.
This digital transformation era has even made small and medium enterprises realize that ERP could lead them to establish a data-driven, progressive, and multi-dimensional business environment. The goal of any organization is to sustain itself in high competition. Advanced ERP helps in meeting strategic business goals and takes the business to the next level.