What is an ERP?

"ERP" stands for Enterprise Resource Planning. An "ERP" System is business management software that consists of a set of integrated applications which consolidate common business operations and create uniformity across multiple platforms.

At its core, an ERP system is designed to connect essential business functions such as management, accounting, and human resources across departments, so that everyone is working with the same data and processes. This software allows a large entity (such as Milwaukee County) to collect, store, manage, and interpret data from varied business activities, such as fiscal activities and human resources. One of the main goals of an ERP system is to facilitate the flow of information, so that business decisions can be made intelligently and based on measurable data. ERP software can aggregate, collect, and organize data from various organizational levels to provide management with insight into key performance indicators (KPIs) in real time. ERP software modules can assist in the monitoring and management of mission-critical components of an entity such as procurement, inventory, finance, projects, and human resources through interconnected programs and dashboards.

Entities often use ERP systems to streamline and improve the efficiency of their processes and operations to save time and money. In the course of the implementation of an ERP system, a large entity can engage in standardization and automation of many business processes, which cuts down on manual time and effort. ERP systems offer a single repository for enterprise-wide data and make that data accessible to all users, reducing the risks associated with working with systems that are not in communication or integrated, such as data integrity problems, the potential for error, and duplication of business functions in multiple departments. This allows individuals across many departments some degree of synchronized reporting and automation, because each department has access to accurate data without having to rely on separately maintained databases and spreadsheets that have to be manually accessed, merged, or updated to generate reports. Because of the need of an ERP system solution to communicate among its own programs and with existing solutions used by an entity, it must be integrated with the other software systems the organization uses. Deployment of a new ERP system can be a challenge, and often requires considerable business process re-engineering, employee re-training, and back-end information technology (IT) support for database integration, data analytics and ad hoc reporting.

For Milwaukee County, an ERP System will control the types of activities we currently use Advantage and Ceridian to process. It will include functionality for:

Accounts Payable Accounts Receivable Budgeting Cash Receipting
Contract & Document Management Employee Benefits Employee and Manager Self-Service

Financial Reporting

Fixed Asset Management

General Ledger

Grant Accounting

Human Resources Core

Inventory Management

Payroll

Pension Administration

Project Accounting

Purchasing

Recruiting Talent Management

Time & Attendance

Treasury Management

Volunteers & Interns    

 

Current Project Status:

Active in Phase II: Analysis and Design

Click to learn more about Phase II.


Have Questions?

Click the letter to contact the ERP Project Team!

We are happy to answer any questions you may have about this important enterprise business initiative.

 

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