In managing a broad variety of core business processes, ERP software is used, including but not limited to, finance, manufacturing, HR, etc. For quite some time now, companies worldwide have been using ERP tools to their benefit.
Extended ERP focuses on external activities to facilitate the management of connections with customer, distributor, transporter, and other parties. For supply chain management, market intelligence, e-commerce, and customer relations, popular extended ERP modules are used by organizations.
Third-party software, often via vendor-supplied interfaces, can be used to extend ERP systems. Some of these are outlined here.
Customer Relationship Management
Customer Relationship Management (CRM) provides sales teams and call centers with customer process resources to be more autonomous. As part of an expanded ERP kit, ERP and CRM can be provided as they require minimal integration.
Product Lifecycle Management
Product Lifecycle Management (PLM) software may include activities relating to design, regulation, manufacturing, delivery, and field service related to how a product changes over its lifetime. Depending on the industry, PLM software may cover more business processes or be restricted to design and engineering.
Supply Chain Management
Supply Chain Management (SCM) software can provide tools to plan and manage any phase in the manufacturing and distribution process, including monitoring of outside companies’ handling of products.
In manufacturing and delivering goods and services, several channels and supply networks are involved. Until goods reach the consumer, they undergo a number of procedures, covering anything from operations management to delivery, manufacturing, storage, and warehousing.
Product Data Management
Product Data Management (PDM) systems capture and retain product information to ensure that during the life cycle of the product, information is delivered to customers. All file ownership, version control (check-in and check-out of files), revision management, and information status are managed by the PDM system. Intellectual property rights are protected by security and administrative skills through task management, project-based defense, and related access rights.
E-Procurement/E-Commerce
In order to enter new markets, more and more businesses seek an online presence. The seamless integration of ERP systems into e-commerce websites via an API is becoming a significant requirement.
Data Mining
A term that comes from informatics is data mining. It is about looking for new information from a vast amount of data. In several cases, data is stored so it can be retrieved later. It is also possible to use the same data later to gather other information that was not needed for first use. This offers new expertise, and it can be helpful.
Need For Integration
Depending on the industry and functionality specifications, the extended ERP modules will need varying degrees of integration. The acquisition of advanced technologies leads to lower business costs.
Rising Cybersecurity Threats
Wherever they may be installed, IT devices and systems are at risk from unauthorized intervention, theft, and sabotage. Highly inter-connected business units are at risk of greater exposure and greater threats to ERP security.
In a connected world, ERP security threats can arise from anywhere. Via the Internet, we integrate and connect more and more systems and devices. IT protection must also be implemented into all processes.
Conclusion
Robust and integrated defense systems will allow a company’s IT systems to withstand cyber-attacks and protect companies from system crashes, data loss, and unauthorized access. In this context, it is important to find a solution that benefits the business and does not stifle productivity.
Cybersecurity has now become a subject that is not only discussed by the IT departments but at the level of senior management. It takes resources and a sharp focus to incorporate sufficient data security strategies.
ERP Data Security for Peoplesoft ,SAP, OracleEBS 