The Spotlight Series – ERP
Welcome back to the Spotlight Series, where every month we will be shining a light on high demand roles and technologies in the IT sector.
The roles that we will feature will be based on jobs that are in high demand and using increasingly popular technologies.
This month we look at ERP.
So, what is ERP?
ERP stands for Enterprise Resource Planning which is the integrated management of main business processes, often in real time and mediated by software and technology.
At its core, an ERP platform is an application that automates business processes, and provides insights and internal controls, drawing on a central database that collects inputs from departments including accounting, manufacturing, supply chain management, sales, marketing and human resources (HR).
Popular ERP Software
The Oracle system – which is an integrated application suite that provides a complete picture of your finance and operations. It includes blockchain and IoT capabilities that connect your operational, customer, product, and machine data.
The SAP system – which provides embedded analytics, machine learning, and robotic process automation. While SAP Business One is a solution that fully integrates with this platform but is designed for small to midsized organisations. SAP Business ByDesign is another product designed for small to midsized organisations, it is a single cloud solution with pre-built processes and real-time analytics.
The Microsoft system – offers solutions that help SMBs as a business management software to get greater control over their operations, inventory, and financials beyond basic accounting. When you choose this ERP software, you can take advantage of modules like business intelligence, field and manufacturing service, accounting and finance, supply chain, and human resource payroll.
The Infor system – is a cloud-based, manufacturing and distribution ERP system that leverages the latest technologies to provide an exceptional user experience and powerful analytics in a multicompany, multicountry, and multisite platform.
The NetSuite system – has cloud-native architecture, it’s an all-in-one cloud solution that provides real-time visibility into your organisation’s operational and financial performance. With applications for everything from accounting to warehouse management, the solution is designed for organisations of all sizes.
Emerging ERP Trends in 2022
Experts predict flexibility as a top ERP trend in 2022. This trend is to include more best-of-breed applications and less monolithic ERP systems, with customers having more ability to pick and choose the applications in the ERP landscape.
Major ERP vendors like SAP, Oracle, Microsoft, Infor and IFS will continue to dominate the market for large enterprises, but smaller, nimbler ERP vendors, particularly those that are cloud-native, will offer innovation and industry-specific applications.
ERP vendors that have specialised functionality should do well.
How has the COVID-19 pandemic affected ERP?
The COVID-19 pandemic has had the biggest impact on the healthcare industry and this is where ERP has seen its biggest demand.
The Global Healthcare ERP Market size is expected to reach $9,400 million by 2027, rising at a market growth of 6.5% CAGR (compound annual growth rate) during the forecast period.
The functioning of global healthcare systems has been severely challenged by the pandemic putting immense pressure on the workforce, highlighting limitations of current systems, and hampering the supply and demand cycles.
With the drastic and rising transition towards remote healthcare and teleworking, companies are increasingly embracing cloud-based ERP systems because of the various advantages, like minimum ownership cost, low availability of in-house technical expertise, agile and flexible infrastructure capacity, less capital requirement, and constant upgrades.
This adoption of ERP solutions has supported numerous hospitals and healthcare environments, thereby placing them in a better position to handle and manage the global pandemic.
2022 is going to be a substantial year for ERP, and there is a huge opportunity for experienced individuals in this field. This will make this an exciting career choice for IT experts to specialise in these software applications.
The salary guide for ERP experts depends on your job role within the industry but can range from junior roles at $55,000 to senior roles at $250,000 as a salary package.
SAP Technical Leads can earn up to $155,000 and Project Managers can earn up to $190,000.
At genesis IT our ERP Recruitment experts have over 20 years of in-depth demonstrated experience in understanding the complex and critical role these systems play in organisations.
We are currently looking for ERP experts right now for the below roles:
MS Dynamics 365 Business Central Developer
A leading global IT company is currently looking to hire an experience MS Dynamics 365 Business Central Developer to be responsible for the development and implementation of the Microsoft Dynamics 365 Business Central and ERP solutions for enterprise customers.
SAP Integration Architect PI/PO/CPI
We are looking to hire an SAP Integration Architect who has an intimate understanding of SAP PI and PO and CPI to embark on project for a global consultancy for a federal government end-client.
Senior Test Analyst – SAP Supply Chain
A large government agency is looking for a Senior Test Analyst – SAP Supply Chain for a contract position based in Brisbane. The role of the Senior Test Analyst is to undertake testing and business analysis activities for client’s S/4HANA Extended Warehouse Management (EWM) solution.
If you want to find out more about these roles or how we can support you in your ERP career, please connect with us below:
- Website: https://genesisit.com.au/
- Email: firstname.lastname@example.org
- Phone: +61 2 9236 4500
- Subscribe to our newsletter here
A huge thank you to our resources