ERP software applications can be used to manage product planning, make purchases, maintain and keep track of inventories, interact with suppliers, provide customer service, and track orders.
In Edo state, ERP Financial helps to integrate the business processes of the Government and automates the transaction of government while complying with national and international standards set by International Public Sector Accounting Standards (IPSAS) and Public Financial Management. It has also made decision making and reporting easy for government.
The Agency through the deployment of Oracle ERP is also one of the few states of the federation that has complied with the Government Integrated Financial Management Information System (GIFMIS) and State Integrated Financial Management Information System (SIFMIS).
ERP Financial Unit of the Edo ICT Agency was established after the State Government purchased the ERP solution Oracle 12.1g in the last quarter of 2009 with the following Modules:
The Unit had 13 members of staff in 2009 but has grown to staff strength of 24.