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	ERP for Small and Medium Enterprises (SME's)

	Enterprise Resource Planning Software’s are no longer viewed as extremely complicated and expensive Business Software that is difficult to understand and Implement in a SME. Most SME Owners and Management are becoming more aware of the benefits of ERP. They are more willing to adopt an ERP for not only running the Business Operations, but also to reap benefits in terms of Cost Cutting and increased Operational Efficiencies. The Enterprise Applications like, Business Intelligence, CRM, Payroll, HRMS, Customer Service Software, Accounting Packages, SCM Software, Warehouse Solutions, Office Collaboration, and Project Management Software etc. have evolved over the past few years from just being transactional software. Business Software’s, in the current times are built to provide functionalities around industry specific best practices. Most software has the flexibility to support Localization as well. Such positive changes in the field of Enterprise Applications have helped IT executives of the SMEs to convince the stakeholders to adopt ERP Systems and Business Software’s for better productivity, profitability, market share and customer service.

	The cost of implementing ERP has been reduced to a great extent past few years. ERP Vendors have started licensing Products at much lower rates, which can cater to the requirements of the SMEs. Also Industry and localization specific features in the ERP packages have reduced the cost of customizations. Better and fast implementation techniques developed by the partners of these Vendors has also lead to reduction in the costs for investments. ERP uptake for a company is no longer a decision that is perceived as a ‘High Risk-Low Return’ investments.


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Business Product Awareness in SME's

Increase in Product awareness among the SMEs of the developed countries have lead to increase in Market Size for ERP in such countries. Success in developed countries have inspired the ERP Vendors like Microsoft, Oracle, Sage and Infor to position the benefits of their products for the SME sector in Developing countries like India. With the help of a well-spun partner network these companies have launched aggressive marketing campaigns to educate the SMEs and create awareness about the benefits of ERP.

ERP in the SME sector has certainly seen a progressive growth over the years. With new industry specific products and solutions being constantly developed for the SME, the rise of Software-AS-A-Service business model, better finance options for ERP uptake and reduced costs of ERP Implementations, SMEs definitely have made a huge inroad into the SME sector

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ERP for Small and Medium Enterprises (SME's)

Business Intelligence, CRM, Payroll, HRMS, Customer Service Software, Accounting Packages, SCM Software, Warehouse Solutions, Office Collaboration, and Project Management Software

Business Product Awareness in SME's