An ERP system could result in following benefits:
* Reduce the amount invested in inventory.
* Improve worker productivity.
* Reduce processing costs per business transaction.
* Reduce the time it takes to perform a financial close and prepare financial statements.
* Reduce procurement costs.
* Install systems with vendor-supported maintenance.
* Improve the scalability of business systems to support future growth.
* Upgrade systems to support global accounting transactions (for example, Euro currency requirements).
* Obtain better reporting and information about your business.
* Get rid of troubles of old systems, and install new or improved business processes.
* Improve fiscal controls.
* Integrate and standardize processes among your business units and trading partners in your supply chain.
* Improve system performance, reliability, and fault tolerance.
* Reduce the costs of Information Technology.
* Improve order management, customer service, and on-time delivery.
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