A leading African Enterprise Resource Planning (ERP) solutions firm, Stride ERP, has commenced a research project into incorporating Artificial Intelligence (AI) into its ERP system to ease business operations for businesses across the continent.
Enterprise Resource Planning (ERP) is a form of software that is used by enterprises to manage routine business operations like accounting, purchasing, project management, risk management and compliance, and supply chain management.
CEO of Stride ERP, Nnamdi Azogu, announced this in an interview with Newsmen while describing AI as a tool that will improve decision-making and predictive analytics.
He noted that users would be able to envisage trends, establishing contract agreements, carry out complex computations, forecast and identify possible opportunities or threats in industries where even tiny changes can have a large impact.
Nnamdi revealed the firm’s plans to repackage its product suite with Basic, Professional, or Complete Licences to improve its services to small, medium, and big organisations. He also highlighted eight products that will be included as add-on packages, including Project Management, Sales Management, Budget Management, Payroll, Electronic Document Management System (EDMS), Fleet Management, Learning Management System (LMS), and Help Desk Management, claiming that the decision will promote scalability and digital transformation, particularly among African businesses.
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He expressed the organisation’s dedication to supporting African businesses in digital transformation while also disclosing that plans are underway for Stride ERP’s third annual Tech Fest event in April 2023. The conference is aimed at equipping businesses with the right information on how to use technological solutions for business processes best.
According to him, “The company continues to show its commitment to helping businesses achieve digital transformation in Africa. Being the creators of monumental events, webinars, and summits aimed at educating businesses on the importance of digital transformation, Stride ERP has brought together over 20,000 owners, experts, and stakeholders from all over the globe in her annual programs such as: Business & Change Management Summit, The Future of Human Resource Summit, Women in Tech – reported by BusinessDay, SME Matter series – featuring small business owners and their unique experiences, among many others.
“Stride ERP is set to host its third annual Stride Tech Fest event in April of 2023 with the theme “Business & Technology Today” – an event aimed at educating businesses on how best to apply technological solutions to business processes.
What is Enterprise Resource Planning (ERP)?
ERP is a form of software used by businesses to manage day-to-day company activities such as accounting, procurement, project management, risk management and compliance, and supply chain operations. A comprehensive ERP package also contains enterprise performance management software, which aids in the planning, budgeting, forecasting, and reporting of an organisation’s financial results.
ERP systems connect a variety of company activities and allow data to move between them. ERP solutions avoid data duplication and ensure data integrity with a single source of truth by gathering an organisation’s shared transactional data from numerous sources.
ERP systems are now essential for managing thousands of enterprises of all sizes and industries. ERP is as essential to these businesses as the energy that keeps the lights on.
About Stride ERP
Stride ERP is a business automation system launched by Rytegate technologies limited, with strong solutions that may be used separately to meet the unique demands of an enterprise. Among the various solutions offered by this company are Stride – Accounting, Asset Management, Client Relationship Management, HR & Payroll, and Project Management.
Users of Stride ERP have access to a variety of tools that provide them with an advantage over other companies in their industry.
These users have the ability to retire your physical filing system, track all business operations, client activities and assets, eliminate paper and excel spreadsheets, manage and analyse your data, customer and staff interactions throughout their life cycle, and be able to use the information provided by the robust reporting module to make informed critical business decisions. They also have access to real-time monitoring of field activities, accessible from any place in the world.