To make business solutions and decisions manage easily Enterprise Resource Planning Solutions (ERP) is developed. It helps the company maintain tools, techniques and modules effective enough to decisions. These are as per requisite of the provision of information about the organization. ERP is extremely user friendly. ERP is required in an organization for following reasons: when things are not coming under control, failed processes, bad financial performance, duplication of entries, no future forecast in terms of production and planning and no evaluation tools available.
In Midsize company’s information available is timely with increase amount of productivity. The major stake holders get rid of menial tasks and can focus on bigger picture because of the effectiveness of the software. Key component of ERP is flexibility. Vendor selection is extremely important. Effective passage of communication channel to the lower level is very crucial after the implementation of ERP for improvement and better performance. ERP for mid size business is cheap than using Oracle, SAP etc. Within three years time the download of the OpenERP has doubled throughout the world. OpenERPis cost effective, open and customized, efficient and effective. The indication of good useful software is that it works according to your needs and specifications and fulfils your requirements.