The relationship between artificial intelligence and ERP programs

What is artificial intelligence?

AI is defined as "the ability of a computer-controlled digital computer or robot to perform tasks commonly associated with humans".

The benefits of using AI in business are endless, including automating data-intensive tasks, governance, and visualization. This type of technology can also talk about, read, respond to, predict, and execute transactions

Seven categories of artificial intelligence:

Artificial Intelligence for IT Operations: Analyzes big data from different IT tools and devices to automatically detect and respond to problems in real time.

Computer Vision: Artificial intelligence is used to train computers to interpret and understand the visual world. Using digital images, computers are able to identify, classify, and interact with which images they “see.”

Interpretable AI: A user-focused form of AI that helps users understand and interpret AI predictions. This helps them manage the data presented more effectively. Organizations such as the Defense Advanced Research Projects Agency are working on this type of artificial intelligence.

Machine learning: A large amount of data is entered into an algorithm, which the computer then uses to learn and train itself. Google search engine is an example of machine learning.

Deep learning: a multilayered type of machine learning. Natural language processing: used to help computers better understand, interpret and process human language. Automation of robotic processes: automation of basic tasks using logic and business rules. "Robots" use automated process automation technology in highly frequent tasks (such as transaction processing, data processing, and responding to queries).

Like ERP software, the AI industry is on an upward trajectory but how do ERP and AI systems work together?

ERP systems powered by artificial intelligence work to influence the company's day-to-day operations. By streamlining routine tasks, eliminating human error, and reducing operating expenses, companies enhance human capabilities while increasing efficiency.

The use of AI in ERP systems can assist in a number of business processes, including:

Accounting Analytics Customer Service Data Mining Demand Planning Finance Forecasting Human resources-related tasks, such as matching candidates to job openings Marketing Purchasing Sales Warehouse management

The combination of AI and ERP allows businesses to be cost-effective, provide a good user experience, and manage both structured and unstructured data.

Should my company use an AI-driven ERP system?

Do we lose opportunities if we delay or avoid applying ERP?

Also consider how the decision to implement or not implement this type of ERP will impact the organizations specific operations.

Regardless of the size and scope of the enterprise, the market should operate quickly. ERP can offer incredible value to companies of all sizes and markets.

That's right - it's not just big companies. Both small and large companies want to add flexibility and completeness to their operations. Regardless of whether your small or large organization is looking for faster analysis or smarter or more productive decisions, ERP will provide benefits now and in the future.

Smart works with companies to provide the power of choice in enterprise solutions and how they are deployed. Talk to us today to find out how we can help you find the best solution to fit your business needs.