Will artificial intelligence shape the future of ERP?
Undoubtedly yes! In the future, artificial intelligence or (AI) will have a profound impact on almost every software on the market, including enterprise resource planning (ERP) systems. Artificial intelligence in ERP affects the controlled business nature of the system. While AI technology is still in its infancy, machine learning is making serious waves in the software market, impacting applications such as business management and giving them superstructure power. “By 2021, 30% of all companies will use artificial intelligence (AI) to enhance at least one of their core sales processes.” – Gartner
How does artificial intelligence in ERP affect different industries?
Artificial intelligence has the potential to bring about massive scale change for companies whose customer and operational data is their core business. Also, in general, every industry uses a corner of its advantages. Meanwhile, the impact of artificial intelligence technology is more prominent in data-intensive and processing-intensive sectors that are most dependent on future predictions based on historical information. In essence, AI can help companies quickly organize large amounts of data and turn limitations into opportunities.
Artificial intelligence in manufacturing operations
The manufacturing industry is currently using augmented reality and predictive analytics tools. By introducing artificial intelligence and machine learning, companies can take a leap into the digital future to improve their processes, from planned material storage to other operations in any manufacturing plant. Artificial intelligence revolutionizes processes, increases their efficiency, eliminates the possibility of errors in processes, and increases production efficiency.
Artificial intelligence in ERP manufacturing industries
Basically, artificial intelligence makes changes in the way manufacturing industries work. It provides the possibility for the actors in this industry to use the features of augmented reality and virtual reality in their advertising. They can also offer an impressive list of products to dramatically improve the shoppers’ experience even before they buy. In short, AI enables you to provide your own unique personalized responses to customer inquiries and significantly improve customer loyalty. Artificial intelligence creates tremendous opportunities to increase human capabilities in manufacturing industries as well.
How artificial intelligence works in ERP
Artificial intelligence is sure to revolutionize the future of ERP solutions. The new machine learning technology that seems to mimic human actions will affect your company or organization regardless of your size and industry. Artificial intelligence can impact day-to-day operations as part of your ERP system. This smart technology will recognize the user’s behavior pattern and automatically perform their normal tasks.
To experience this development, you need to rethink your current business technology strategies and be ready to embrace change and adapt to developments. Artificial intelligence is changing the shape of ERP functions, and including artificial intelligence in ERP systems will make your business management tool more powerful due to increasing the power of analysis and forecasting of information production trends.
Ilia ERP Corporation has taken an important step in securing the security of its users by receiving software security evaluation and validation license (AFTA license). Click on the link below for a free consultation.
Identify problems before they even occur
Integrating AI with your ERP improves the predictability of your ERP software. This includes advanced algorithms that can search and analyze the huge data sets collected in the ERP system, identify trends and provide accurate predictions about the periods ahead. Thus, an AI-based system is able to pinpoint possible problems and allow users to prepare in advance and even prevent them. ERP systems using artificial intelligence allow you to reveal the hidden potential of your business data and use them to manage with optimal efficiency.
Artificial intelligence in ERP performs routine tasks automatically
When performing any specific task in your ERP software, you must follow a specific set of procedures. Artificial intelligence tools can work in a similar way. For this purpose, an artificial intelligence software must be programmed with a set of rules governing each action. This technology is smart enough to use these established rules to make accurate decisions, and at the same time, much faster than any human. As a result, artificial intelligence enables ERP software to perform routine responsibilities automatically. Freeing up the valuable time of employees to focus on tasks that add to the profitability of your business is another benefit of this technology.
Improves user experience through interaction
One of the main functions of artificial intelligence technology is to provide intelligent outputs based on human inputs. Artificial intelligence software can read users’ previous data and learn from their previous behavior patterns. This makes ERP applications with artificial intelligence provide a personalized and extensive user experience, as well as perform faster and more useful.
We at Ilia have created the ability to support this software with maximum reliability by the technical team within the company by providing a valid license in the name of your organization from Focus Company and by institutionalizing the technical knowledge of this software in our company.
“The more things become digital, the more prosperous we become.”
Wolfgang Wallster – Leader of the German Center for Artificial Intelligence Research (DFKI)
Although artificial intelligence is not fully developed. But it is supposed to be a part of ERP systems in the shortest time! Therefore, if you want your business to remain stable in the coming years and remain competitive in the market, you must be ready for this adaptation.
The latest generation of Focus ERPs has in-memory cloud computing and the ability to provide a large library of modules in the field of finance such as credit and collections, inventory and warehouse management, production, project costing and many more.
Focus Aifa software
Focus Aifa is a conversational API system that enables ERP to manage your entire business so that you can quickly respond to all your requests simply by talking to it; With the Focus Aifa platform, you can access your system data using voice or text search, manage them and generate custom reports (even reports that are not prepared in advance). You can also catalog data and create classified AI. Then perform custom search functions via voice input or typing.
Focus ERP awards received by reputable organizations
Custom reports and not limited to initial settings
Run out-of-the-box and customer compute analytics, such as debt-to-equity ratio or inventory of an item by location, requesting custom tasks such as emailing, exporting to Excel, or other tasks you want to be done automatically by AI.
Advantages of Focus Aifa with designed security of 5 layers of Enterprise Security
Aifa allows companies to add 5 layers of security before accessing their enterprise systems such as ERP, HR, WMS, MRP, CRM and almost any other application with API.
Face and fingerprint recognition
- Add a facial recognition or fingerprint recognition step to access enterprise systems before logging in.
- Connecting to global IP Tracking Control Database
- The ability to control the IPs that are allowed to access the system
- Ability to use IP data to determine potential threats
Device tracking
Aifa predicts possible threats, also examines personnel performance or trends and provides unparalleled information to managers as well as users.
Access control monitoring
Mobile applications can be provided to users in order to access the system during off hours or during vacations, so administrators can see when users log into the system and be alerted.
Qbixe AI assistant for accountants
By using Focus Qbixe, you can provide quick access to data and reporting for your customers 24 hours a day.
Advantages of AI Qbixe:
- Strong reports
- Multiple currencies
- Multilanguage
- Access via mobile phone
Summary of other important features:
QB data list, like a web search engine, has the ability to recall data through text or voice search.
- Providing real-time data on transactions, accounts and related matters
- Real-time analysis of financial ratios using machine learning
- The ability to create bots to manage orders
- Ability to create bots to create reports
- Advanced reporting engine to write any type of report (with different currencies, taxes, inventory, vendors, etc.)
If you have any questions about artificial intelligence software (AI software), you can complete the demo request form so that our colleagues in the sales and marketing department contact you as soon as possible, for free consultation and demo session.
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