Insights
What kinds of reports can an ERP system display?
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An ERP system is software used in an organisation to manage all of its resources —
such as accounting, finance, production, warehousing, distribution, and managing relationships with customers and vendors.
The reports generated by an ERP system are very important,
because they help executives and decision-makers better understand the state and performance of the business.
ERP system reports typically present data related to various areas of the business, such as sales reports, financial reports, production reports, inventory reports, and so on.
These reports can be produced for specific periods (monthly, quarterly, yearly) or as instant real-time reports according to the user’s needs.
In addition, an ERP system can create reports that analyse data to support decision-making,
such as forecasting future sales, analysing errors in the production process, and so on.
The format and content of an ERP system’s reports depend on the needs and correct configuration of each individual organisation,
and are usually customised to suit each company’s business and operations.
Examples of the different report types an ERP system can produce
An ERP system typically has the ability to create reports in various chart formats to help present data concisely and clearly.
The chart formats an ERP system can produce include:
1. Line Graphs
Used to show trends in data over time, such as monthly sales across several years,
so users can see the overall picture of change over time.
2. Bar Graphs
Help compare data between different groups,
such as sales by product in the latest year, broken down by product group.
3. Pie Charts
Show the proportions of data within a group, emphasising the share of each group,
such as the share of each product’s sales relative to total revenue.
4. Multi-line Graphs
Help compare data trends between different groups over the same time period,
such as comparing the sales of products A, B, and C in the latest year.
5. Histograms
Used to show the distribution of data within a group,
such as showing customer revenue by product price range.
6. Scatter Plots
Show the relationship between two variables,
such as the relationship between product price and sales volume.
Choosing the appropriate chart helps make data clearer and easier to understand for those who need to make decisions and analyse data within the organisation.