Enterprise
software also termed as Enterprise software application (ESA) is an
application designed to integrate various processes and operations of
an organization to meet its business needs. In general they are
specifically designed for large business units, schools and clubs
where business operations are too complex to operate.
ESA
provides a logical support in effective functioning of any big
business entity. It helps an organization in performance and
integration of various functions such as resource planning,
procurement of raw materials, inventory control, manufacturing,
marketing, sales and distribution, accounting, finance and human
resource management.
Oracle,
Microsoft, Adobe Systems, IBM and HP are a few who develop enterprise
software application. Some of the most common enterprise software applications include the following given below
- Customer Relationship Management(CRM)
- Enterprise Resource Planning(ERP)
- Business Intelligence(BI)
- Supply Chain Management(SCM)
Customer
Relationship Management (CRM): It helps any company in the effective
management of its customers. It helps to learn about the type of
customers, their need and buying behavior to enhance the quality of
its market plans and sales forecasts.
Enterprise
Resource Planning (ERP): It manages and integrates various key areas
of the business such as planning, purchasing, inventory control,
sales, marketing, finance, human resources through different modules.
It has been designed to record and manage the database to ensure the
effective functioning of the organization.
Business
Intelligence (BI): It allows an organization to retrieve any data
from its raw data source through its various components such as
tabular reports, spread sheets, charts and dashboards to reveal
insight to make better and quick decisions.
Supply Chain Management (SCM): SCM is an application that helps to exercise
effective control over the chain of supply. The basic idea of this
application is to control internal inventories, increase the speed of
product delivery by real time data exchange and to increase the
revenue by customer satisfaction.