Pakistan’s Enterprise Resource Planning Software market was projected to reach a revenue of US$79.27m in 2024 and is predicted to show compound annual growth rate (CAGR 2024-2029) of 15.76%, resulting in a market volume of US$164.80m by 2029.Â
This means the demand for ERP software is seeing an increase in the business world. This can be owed to the rising market competition and advancements in how businesses are managed. Â ERP systems are known for enhancing and optimizing business workflows by automating various business functions. And over time the benefits of these systems are expected to grow.Â
With ongoing advancements in technology, ERP systems are developing into even better versions of themselves that are designed to automate business functions and integrate various business areas to encourage efficient workflow within the organization. Â
Advancements In ERP Software
In a rapidly developing country like Pakistan, the advancements in various industries is inevitable. Likewise ERP software are projected to see more developments with new technologies. Some of the future advancements are as follows:Â Â
Integration with AI and ML
Technologies like Artificial Intelligence and Machine Learning, are set to transform ERP systems in Pakistan. They allow automation of business tasks in any business sector in Pakistan, be it an enterprise, a manufacturing business or a retail business. AI and ML make ERP systems smarter by offering predictive analytics for better decision-making, optimized processes, and proactive problem-solving. These technologies allow systems to identify patterns and learn from historical data to make informed decisions about the future.Â
Cloud-Based ERP Solutions
Cloud ERP is typically a software-as-a-service (SaaS) that is provided and managed by ERP service providers. It is the ERP system that can be operationalized over the internet anytime and from anywhere in the world, which means you only have to have an internet connection, browser and a device. Cloud ERP also provides real time data that allows tracking of cash flows, inventory status and other business analytics.Â
Mobility With Mobile Applications
Mobility in ERP allows users to access, manage, and interact with ERP systems via mobile devices such as smartphones and tablets. This feature enables real-time access to data and workflows, extending ERP capabilities beyond traditional office settings. All the business operations are handled from a mobile application that allows various key features like alerts and notifications, real time data handling, user friendly interfaces and much more. Â
Future ERP systems will prioritize all these features and mobile compatible business management systems, which will allow empowering professionals in Pakistan to access data, make decisions, and stay agile, no matter where they are.
Make Your Business Competitive With Corbis Soft
Corbis Soft is the best and one of the most advanced ERP service providers in Pakistan. We provide business tailored services that help you manage your business in the most efficient way. Moreover, our services ultimately make your business competitive in the market by supporting various business areas, be it production, sales and purchase, finance or CRM; we take care of everything.Â