The Gartner Group first used the abbreviation ERP in the 1990s to extend
upon the capabilities of material requirements planning (MRP), and the
later manufacturing resource planning (MRP II) as well as computer-
integrated manufacturing.
The promise of several gains accrued from the deployment of ERP system
underpins its burgeoning popularity. The gains entail large efficiency
improvements across business processes of organizations, streamlining
communication across departments, better productivity, and the several
strategic benefits to managers
An integrated system
Operates in real time
A common database that supports all the applications
A consistent look and feel across modules
Installation of the system with elaborate application/data integration by
the Information Technology (IT) department, provided the implementation
is not done in small steps
Deployment options include: on-premises, cloud hosted, or SaaS
The basic idea is that there should still be a core ERP solution that would
cover most important business functions, while other functions will be
covered by specialist software solutions that merely extend the core ERP. This
concept is similar to the so-called best-of-breed approach to software
implementation, but it shouldn't be confused with it. While in both cases,
applications that make up the whole are relatively loosely connected and
quite easily interchangeable.
Healthcare sector is an untapped market for the ERP industry. Having robust
ERP software will help hospitals and healthcare organizations channelize their
day to day activities and integrate their clinical systems and other flows of
data in real-time.
Most Popular ERP Systems
Hospitals are starting to invest more into ERP solutions as they set their sights
on business improvements. Some of the most popular, powerful, advanced
and sophisticated ERP solutions are as follows.
SAP
PROGNOSIS INNOVATION HEALTHCARE
ORACLE
MEDITECH
MCKESSON
INTACCT
INFOR
HEALTHLAND
HARRIS ENTERPRISE RESOURCE PLANNING
EVIDENT
Types of ERP
Industry Specific ERP: They are mostly complex and requires heavy duty
hardware to run. Mostly meant for large companies or even factories
for data automation.
Cloud ERP: Preferred for small companies. Usually, a provider will rent
out their Central ERP system via internet and companies can purchase
the service in accordance with their need. The most important feature
of this system is its scalability. Rental charge will depend on the
specification of services availed.
Small Business ERP: ERP systems can control supply chain or even
accounting tasks for a company. However, small companies do not
need that. For them, customized ERP systems are available where they
can choose what all the ERP system will have the authority to control.
Benefits to Enterprise Resource Planning in a Hospital Environment
5. Care plan and treatment plans can be significantly improved with all
systems working together in harmony.
6. Centralized Data: ERP system does not just stores the data. It has the
ability to process the data in accordance with various input
parameters.