Article Title: An introduction into Open Source ERP technologies

Open Source Technologies have made the job of ERP easier. It has helped the consumer in many ways other than cost. Lots of companies are increasingly using them.

Some of the features are as follows:

Influence of the cost factor

It is interesting to know the Price tag of Open Source ERP technologies. It is literally available at free of cost. All that the user has to do is to download the software and install it. An unbelievable fact is that even the source code comes freely. This in itself has encouraged lots of companies to go for ERP, as they are not burdened with investments. Of late companies don't necessarily go for ERP because their attitude towards spending on ERP has undergone a sea change in the sense they don't mind to pay as long as they think ERP is worth the costs. Open Source accounting ERP and open source ERP payment are famous solutions.

Influence on the operational expenses

Open Source ERP technologies largely influence operational expenses. The company is relieved from paying the extra sum for facilities provided in moving to a new system. Similarly the company need not incur additional expenditures for renewal and purchase of licenses as and when some components are added in the framework. This gradually reduces the monetary outlay that has to be otherwise incurred for every update. Open Source accounting erp has helped to simplify the financial practices. Open source ERP payment has helped in facilitating easy disbursement of cash.

Absence of Vendors help

Unlike the usual ERP applications it is not possible to avail the services of a vendor as the company handles everything independently. This has many dimensions. Firstly the company enjoys a sole liability. Secondly a simple error when not rectified (or the in-house personnel does not know to) could prove to be a costly affair for the company. Above all the company gets to learn from mistakes and without any external assistance.

Litigations

Open source ERP has resulted in many lawsuit and incidental claims. There is still ambiguity in the copying aspects. The question of infringement and indemnification remains unanswered as seen from the previous cases.

Unsuitable for all applications

Open source has a limit when it comes to the places where they can be put to use. They don't find applicability in all areas especially for conventional practices. It is not appropriate to introduce open source in those areas without changing the way the systems work. Infact it could be a risky option to do it. This drawback discourages many functions from being Open source friendly.

Who should go for it?

A company can go for open source if is satisfied that its business modalities will be addressed. The point to be considered is will open source ERP cater to the particular business needs of the company. This decision is detrimental in making the companies chose open source ERP. Companies that are more dependent on external factors can resort to open source ERP technologies than those relying on internal factors.

What are the added features in ERP II?
What are the latest trends in ERP?
What the future holds for ERP?
What are the facilities offered by Web enabled erp services?
The advancement of wireless technology in ERP

Bookmark this Page Email this to your friend Add this page to del.icio.us