Managing Customer relations and increasing need of collaboration to build profitable business has led to the development of digital B2B ecosystem, which is a community of system working together to serve the needs of customers. These systems allow segmentation of audience and delivering a customized experience to each group. Some components of the B2B ecosystem are Enterprise Resource Planning System, Customer Relationship Management System, Product Information Management System, Order Management System, Marketing Automation System etc. A well-equipped system help marketers to Use Customer Insights to Cross-Sell, Optimize the Order and Reorder Processes, Better Manage Content ,Facilitate Lead Nurturing. In a well established B2B system Sales and Marketing collaborate to have a real time access to latest customer information. You can read in more detail at : http://www.datasciencecentral.com/profiles/blogs/how-b2b-ecosystems-big-data-can-transform-sales-and-marketing

Enterprise resource planning (ERP) is a good long term choice as it encourages business growth.

1. It optimizes business processes: - it minimizes or eliminates redundant business processes by using identical business processes for a particular task. This increases efficiency as the business can now focus on more strategic job duties.

2. It replaces robust manual back office processes by fully digital back-office functions.

3. Data driven decision making processes are important for a business to prosper.

4. Security provided by ERP solutions will minimize intrusions and data breaches

Thus we can say that ERP solutions helps to gain long-term position and the business will grow in leaps and bounds.

To read more follow:- http://it.toolbox.com/blogs/inside-erp/5-ways-erp-solutions-encourage-business-growth-74045

In recent times enterprise resource planning or ERP is largely replacing manufacturing execution system or MES. But this has certain drawbacks. Thus, for better results it is important to integrate the two. There are three benefits of this integration:-

1. It helps to manage the resources more efficiently.

2. It provides detailed supply chain information.

3. It gives a comprehensive view of the business processes.

MES and ERP complement each other, performing better and more completely. The outcome of this integration is much more than expected. Read more at:- http://it.toolbox.com/blogs/inside-erp/3-benefits-of-integrating-erp-and-manufacturing-execution-systems-73955

Enterprise resource planning (ERP) systems provide data which help employees to take better decisions, to make core business processes more efficient, and to help reduce costs across your organization. Nowadays, ERP solutions have become more user-friendly. But, ERP remains an expensive, time-consuming implementation that requires a lot of planning. Before choosing a solution, you must consider the organization’s business goals, expectations about the benefits from ERP, and the business processes that will be integrated with the ERP solution. In this article, the author writes about some rules that will help to choose the right ERP system for any organization. Read more at: http://it.toolbox.com/blogs/inside-erp/10-golden-rules-for-choosing-an-erp-system-70374

The HR department is using big data in order to deal with massive data. These data can provide plenty of business intelligence if it is analyzed properly. An enterprise resource planning or ERP solution can handle the needs of the HR department, but one should know the critical problems HR faces on a day-to-day basis. Analytics tools also provide HR with important information on everything from employee performance to payment. Process automation also helps the HR department to make efficient use of their time by handling easily automated tasks. Read more at: http://it.toolbox.com/blogs/inside-erp/key-human-resource-management-features-for-your-erp-solution-70069

Partner relationship management or PRM platform is related to CRM. PRM refers to cloud platform for managing your channel partner relationship and strategies. A PRM platform needs integration with sales and marketing systems and can be integrated with enterprise resource planning, CRM and project management. Read more at: http://it.toolbox.com/blogs/insidecrm/future-trends-in-prm-65329