WMK Enterprise Resource Planning
Enterprise resource planning (ERP) integrates internal and external management information across an entire organization, embracing finance/accounting, manufacturing, sales and service, CRM, etc. ERP systems automate this activity with an integrated software application. Its purpose is to facilitate the flow of information between all business functions inside the boundaries of the organization and manage the connections to outside stakeholders.
WMK ERP delivers a rich industry foundation on which partners build packaged applications for niche verticals, such as high-tech manufacturing, architecture and engineering, and specialty retail. These industry capabilities can help you improve your ability to cope with individual market dynamics by delivering breakthrough innovation in a single ERP solution for key industries—manufacturing, distribution, retail, services, and the public sector.
ERP systems can run on a variety of hardware and network configurations, typically employing a database as a repository for information.
ERP systems typically include the following characteristics:
An integrated system that operates in real time (or next to real time), without relying on periodic updates.[citation needed]
A common database, which supports all applications.
A consistent look and feel throughout each module.
Installation of the system without elaborate application/data integration by the Information Technology (IT) department.
Finance/Accounting
General ledger, payables, cash management, fixed assets, receivables, budgeting, consolidation, etc
Human resources
payroll, training, benefits, 401K, recruiting, diversity management, etc.
Manufacturing
Engineering, bill of materials, work orders, scheduling, capacity, workflow management, quality control, cost management, manufacturing process, manufacturing projects, manufacturing flow, activity based costing, product lifecycle management, etc
Supply chain management
Order to cash, inventory, order entry, purchasing, product configurator, supply chain planning, supplier scheduling, inspection of goods, claim processing, commissions, etc.
Project management
Costing, billing, time and expense, performance units, activity management, etc
Customer relationship management
Sales and marketing, commissions, service, customer contact, call center support, etc.
Data services
Various "self–service" interfaces for customers, suppliers and/or employees.
Access control
Management of user privileges for various processes
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