ERP Trends In 2018

             The Enterprise Resource Planning (ERP) software has be helped numerous businesses across the  multiple industries integrate their day to day operations and streamline business management processes. Then  retail industry is one of the largest users of ERP software globally. The unfortunately, there are still many retail businesses that are using legacy ERP systems that have been in use for many years. As the more ERP providers shift to cloud ERP solutions, it’s expected that more the vendors will put less focus on legacy ERP systems. In fact, the most of them are no longer offering long term support or introducing new functions to these dated systems. Then to this growing trend, more the retail businesses are opting for omnichannel ERP systems that allow them to see the connections across the different aspects of retail business management. Through such systems, retailers are able to provide their a customers with a more streamlined purchase process and ensure a unified communication process.

           Most businesses that have moved beyond the startup phase are likely looking into acquiring enterprise resource planning (ERP) software. Whether you're trying to get a handle on how your customer relationship management (CRM) efforts are impacting your bottom line, or if you're tracking revenue from point-of-sale (POS) to research & development (R&D), ERP can be an asset to your company.The enterprise software can be used in the different ways .ERP trends that is Globalized Manufacturing, Cloud ERP, Open Source Software, The Integration of ERP and Ecommerce etc. 

          The is Globalized Manufacturing is the limits of geography have slowly begun to remove themselves as the  technology improves and as that happens moving information, products and data has become easier. The international logistics means that manufacturers can deliver materials and products to and from anywhere in the world. Cloud ERP is resource planning software for the cloud is already used, but not as frequently used and the universal as on-premise ERP.  In 2018, a potential trend a could be that more widespread usage of cloud software. There are many reasons the  it is already used and the it has the potential to become even more popular. Open Source Software that can be modified and shared due to its publicly accessible the design is considered open the source software. This year, open source ERP may be the new it trend because proprietary software can be expensive to maintain. The same type of software can be limiting for some, due to its lack of customization and flexibility. There are benefits to open source software such as easy software development and simple customization and integration with apps within the organization. Open source solutions also make it easier to for businesses to gain big data insights. The Integration of ERP and E commerce it is e commerce platforms such Shopify, Magento and BigCommerce along with marketplaces like eBay and Amazon may soon see themselves being integrated with ERP software. Then integration will allow for the a synchronization of e commerce data like inventory, orders, shipping and invoices. Integration creates the opportunity for efficient operations, avoiding manual data entry errors and saves you time at works.

            Then also discovered is that small companies are more likely to purchase cloud-hosted software. But it is no news that cloud computing is better suited to small to medium sized businesses (SMBs) due to its the affordability and the flexibility. The large companies however are looking to business intelligence and are more likely to need software that handles budgeting/business intelligence (BI) and fixed assets. Then noteworthy also is that many advanced intelligence reporting features previously exclusive to large-scale ERP systems are now more affordable. For more