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How does ERP create value?
Forces the use of 'Best Practices'
ERP systems have integrated within them thousands of best practice business process. These best practices can be used to improve the way that firms do business.
Choice and implementation of an ERP required implementation of such best practices. So by implementing an ERP system the organization is forced to change the way it has been done business and adopt new and more efficient ways to accomplishing the tasks. The ERP system thus, brings with it time-tested and successful business practices that will help the organization to become more competitive.
Also read
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Common ERP Myths

ERP means more work and procedures

ERP will make many employees redundant and jobless

ERP is the sole responsibility of the management

ERP is just for the Managers/Decision-makers

ERP is just for Manufacturing Organizations

ERP is just for the ERP implementation team

ERP slows down the organization

ERP is just to impress customers

ERP package will take care of everything

One ERP Package will suit everybody

ERP is very expensive

Organization can succeed without ERP

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