Guide to ERP Modules: Features, Functions & Benefits

Guide To Erp Modules: Features, Functions &Amp; Benefits

What Are ERP Modules and How Do They Work?

Enterprise Resource Planning (ERP) modules are software applications that help organizations streamline and execute different business operations. It helps unify data on a centralized repository that is updated in real-time and shared across departments. ERP tools consist of several modules that cater to specific departments within an organization. This modular approach helps organizations add and remove capabilities according to their operational requirements.

Using different ERP modules simultaneously can help organizations gain a holistic view of their business processes, allowing them to make informed decisions based on accurate and up-to-date information. For example, sales and marketing modules provide organizations with the tools to manage their sales teams and customer relationships, finance modules help handle financial transactions, and HR modules enable the management of employee data and payroll.

ERP follows a modular approach to automate and manage various backend operations, often offering additional and more advanced modules that cater to specific requirements such as Business Intelligence, Materials Requirements Planning (MRP), and more.


ERP Modules

Core ERP modules serve as a quintessential component of enterprise resource planning software. Every ERP suite consists of core ERP modules that help businesses streamline, automate, and manage the most common business operations. They enable collaboration between different organizational departments and eliminate manual data entry. This results in enhanced productivity, operational efficiency, and improved bottom-line figures. The most common ERP modules are Financial Management, Supply Chain Management, CRM and Sales, Human Resource Management, and Warehouse Management.

From the electronics sector to the fashion industry, every niche organization has unique requirements specific to its area of operation. Advanced ERP modules are tailored to cater to these particular niche requirements and tend to work in tandem with core ERP modules to provide comprehensive business management capabilities.

Core ERP Modules

Financial Management
Supply Chain Management
CRM and Sales
Human Resource Management
Warehouse Management

A financial management ERP module helps businesses track their profits and losses, streamline their accounting, and manage their cash flow. It facilitates recording data related to accounts payable and accounts receivable and ensures that invoice processing, approval, and execution of payments are automated. It also manages the general ledger and gives crucial insight into current and future financial status.

Supply Chain Management

A supply chain management ERP module helps businesses to track and monitor their goods and supplies across the supply chain. It helps manage, track, and liaise with suppliers, vendors, manufacturers, and warehouse managers. A supply chain management module can help automate critical supply chain functions: demand forecasting and supply planning, replenishment, order fulfillment, and managing variability. This module helps optimize and manage inventory movement while tracing every unit of raw material back to its origin.

CRM and Sales

Customer relationship management (CRM) modules simplify sales and marketing processes by streamlining customer and sales-related data. It helps enhance support and marketing communication by segmenting data and deriving rich customer insights. The CRM module acts like a contact management application that can tie order history to each customer, issue tickets, create quotes, and boost customer support performance. Many ERP suites only focus on backend CRM operations, whereas others include a full-fledged CRM module in the ERP suite.

Human Resource Management

A Human Resource Management (HRM) module helps companies hold employee data, conduct performance appraisals, track time and attendance, and manage payroll processes (some ERP systems offer a separate Payroll management module). It holds an enormous amount of information related to employees. It helps automate processes like approving leave requests, delivering specific training modules, recruitment, talent management, time and attendance, compensation, and access management. It acts as a single source of truth to manage the employee journey, from recruitment to departure from the organization.

Warehouse Management

Warehouse management ERP modules help manage and streamline different warehouse-related functions such as picking and shipping inventory, moving goods and storing them in warehouses despite space constraints, and being able to track every item in the warehouse to its origin. It helps warehouse managers and employees control workflow and coordinate with different entities such as shipping yards, suppliers, and vendors. The warehouse management module also helps process bills and orders when the inventory needs replenishment.

Warehouse Management

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Advanced ERP Modules

Business Intelligence
Project Management
Equipment Rental
Material Requirements Planning (MRP)
Retail & eCommerce
Mobile ERP

Business Intelligence

Business intelligence ERP is a specialized module that helps analyze data, engage in data querying, and implement reporting. It is an essential analytical source that examines historical and current data to help prepare for future operations and processes.

Business Intelligence

Project Management

A project management ERP module helps developers, manufacturers, and other project-intensive industries to streamline their projects and achieve deliverables efficiently. It enhances collaboration and allows organizations to implement their chosen project management frameworks.

Project Management

Equipment Rental

An equipment rental ERP module is a software solution that helps organizations simplify and automate their equipment rental processes. It provides an end-to-end solution to seamlessly manage various aspects of servicing, renting, and invoicing different types of equipment. By using an equipment rental module, businesses can improve their operational efficiency and offer better customer service to their clients.

Equipment Rental


A manufacturing ERP module is specifically designed to help plan and manage production cycles. From ensuring that the shop floor is run efficiently to ensuring that products pass stringent quality tests, a manufacturing module allows factories and manufacturing units to manage various manufacturing processes.


Material Requirements Planning (MRP)

A material requirement planning module helps manufacturers to streamline their production process. It boosts the efficiency of planning, scheduling, and managing inventory and keeps up to date with compliance requirements. MRP effectively coordinates with workers and the machines they work with. As a result, the production process benefits from enhanced capability and effectiveness.

Material Requirements Planning (Mrp)

Retail & eCommerce

Retail and e-commerce management modules help stores to implement omnichannel and multi-channel sales strategies successfully. They help implement sales and marketing campaigns, process orders and payments, and engage with customers throughout their buyer journey. This module is essential for brick-and-mortar retail units, e-commerce stores, and those who adopt a combined approach.

Retail &Amp; Ecommerce

Mobile ERP

Mobile ERP helps organizations to manage their businesses remotely and access information on the go. Advanced mobile ERP solutions support sales mobility, support for field services, and access to a diverse range of customized on and off-site applications, which aim to enhance productivity and improve team collaboration.

Mobile Erp

What to Consider When Selecting ERP Modules

Business needs

The first step in selecting ERP modules is assessing your business needs, identifying the areas that require support, and determining which modules can provide the best solutions. Evaluate your business processes and identify the areas that need improvement, then decide which ERP modules can address those specific needs and prioritize them accordingly.


You want an ERP system that works seamlessly across business functions such as customer relationship management (CRM), accounting, and other enterprise applications. Integration is crucial because it reduces data duplication and creates a more cohesive workflow. It's essential to look for ERP modules that offer APIs to integrate with other software systems and applications you already use.

Ease of Use

Your team will be using the ERP modules daily, so choosing systems that are easy to use and require minimal training is important. Look for intuitive, user-friendly interfaces and modules that can be customized to your specific needs.


Choose ERP modules that are scalable and can grow with your business. Ideally, your ERP system should accommodate additional users, functionality, and data storage as your business expands. Scalability will help ensure that your ERP system remains relevant when the business grows or if it changes direction.

Vendor Support

Work with a reputable vendor that provides comprehensive support, including updates and troubleshooting help, to ensure your ERP system stays in optimal condition.

ERP Module FAQs

What Are the Benefits of Cloud-Based ERP Modules?

Cloud-based ERP modules offer cost-efficiency, scalability, and accessibility. They provide quick implementation, automatic updates, and robust security, making them a flexible and competitive choice for modern businesses.

Can Businesses Customize ERP Modules to Fit Their Specific Needs?

Customizing the system to fit the business’s specific requirements is possible. However, organizations must ensure they partner with an ERP vendor offering customization options. Here are some of the customization options available:

  • User Interface: Customizing the interface for branding and user-friendliness.
  • Reports and Analytics: ERP modules come with standard reports and analytics, but businesses can customize them to suit their unique needs.
  • Integration with Third-Party Software: Automating workflows by connecting with other systems to automate workflows and eliminate data silos.
  • Adding or Removing Features: Adjusting modules to match specific business needs.
  • Utilizing Cloud-Based Solutions: Leveraging cloud flexibility for scaling and custom workflows.

What Challenges Can Organizations Face During ERP Module Implementation?

Some of the challenges in implementing ERP modules include:

  • Data Migration: Migrating existing data to the new ERP modules.
  • User Adoption: Organizations must actively invest in employee training and help them understand the benefits of the new modules.
  • Customization: While ERP systems offer a wide range of standard modules, businesses may require specific modules unique to their operations.

How Long Does It Take to Implement ERP Modules?

The implementation timeline of ERP modules varies depending on the size and complexity of the business. For a small business with basic processes, implementing a limited number of modules could take as little as a few days. On the other hand, a large, complex enterprise with multiple locations and numerous business processes could take months for every module to be fully functional.

How Do ERP Vendors Price Each Module?

The price of ERP modules can vary depending on business size and needs. Each ERP system will include core modules; e.g.; Retail ERP comes with modules for managing day-to-day retail operations such as Supply Chain Management, WMS, Finance, CRM, and Business Intelligence modules in its core package. Any additional modules will incur an additional cost.

What Are the Mandatory ERP Modules?

There are no one-size-fits-all ERP modules that every business can use. Most ERP systems offer "core" integrated modules, but the selection of ERP modules depends on each organization's specific needs and operations. The most commonly used ERP modules include Financial Management, Supply Chain Management, CRM and Sales, Human Resource Management, and Warehouse Management.

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