Which is better PIM/Pimcore or ERP?
Not sure which solution will bring the best benefits and give you bang for your buck? This article demonstrates which is better Pimcore or ERP, as a cohesive and multi-functional business tool. We think the evidence for Pimcore is compelling - read on to learn more.
The case for ERPS
First deployed in the 1960s, Enterprise Resource Planning (ERP) systems are the basis of many modern IT systems. ERP systems were initially designed to improve inventory and stock control, and the processes associated with shopfront coordination.
ERPs then evolved to be able to use data related to other business activities, such as purchasing, production and even staffing. Later, ERPs enabled a business to interrogate data and better understand how making a change in one area of the business may influence another. For example, the impact of changes in staffing hours could be assessed in relation to production or expected sales.
Other benefits of ERPs
ERPs also enable a company to respond to the increasingly complex IT infrastructure and networks. Initially only adopted by large-scale companies, more recently, we have seen small and medium enterprise businesses investigate and deploy ERPs.
ERPs are beneficial for companies in the way they can produce standardised information and data sets drawn from across many other solutions, applications and software systems. ERPs can eliminate the need for businesses to produce customised data solutions in response to the particular combination of software from which they draw data.
What issues have been identified in ERPs?
While some companies have achieved success through an ERP, there are just as many that have experienced challenges in deployment and the delivery of tangible business outcomes and improvements. In many cases, a high degree of manipulation is required in the ERP. This can in turn lead to increased dependency on an ERP vendor.
What are the key differences between ERPs and PIM?
ERPs and Product Information Management (PIM) systems are two distinct software applications that serve different functions within a business context.
An ERP is a comprehensive system that manages and integrates various business processes, including finance, supply chain management, human resources, and customer relationship management. It helps businesses manage their resources more efficiently and make data-driven decisions by providing real-time data and analytics.
A PIM system focuses on managing product-related information, such as product descriptions, pricing, and specifications. This system enables businesses to manage their product data more efficiently and accurately, ensuring that product information is consistent across all channels. Although ERP systems may include product management capabilities, they are not explicitly designed for managing product data.
Can ERP be considered automation of data of companies?
ERP solutions do have the capability to automate business tasks. The automation occurs through the integration of various data sets and records to create single, consolidated reports that refer to multiple areas of the business. This automation can enable a company to make more informed and strategic business decisions.
The ERP can save time spent comparing and collating data on confusing spreadsheets. An ERP can improve accuracy and efficiency in data processing and management. The tool can also streamline communication and collaboration between departments, thereby increasing efficiency and reducing costs associated with redundant data entry.
Can PIM be considered automation of data of companies?
Likewise, a PIM tool automates data within the information architecture. Pimcore can automate many repetitive data entry and manual tasks including data
- Generation
- Validation
- Corrections
Should I use an ERP or PIM solution?
To determine if you should use an ERP or PIM solution, you should assess your current technological capabilities and then clearly define your goals and any gaps.
ERPs are focused on internal processes and streamlining data sets that can be used to assess effectiveness and look for opportunities for change and growth. PIM solutions enable you to generate rich and engaging content for your online marketing and sales tools.
An approach for managing both activities is essential in managing a business, and many companies decide that they need a tool for each activity.
What happens to companies when companies decline using PIM?
Choosing to stick with an ERP and not use a PIM can limit your potential in more ways than one. Making the wrong decision here can have a damaging effect on operations and your public profile in the long run.
Companies with PIM are taking advantage of the opportunity to deliver improvements to their public profile and brand. PIM systems enable you to present engaging and outstanding customer experiences in ecommerce. With a PIM system, you can tell bolder, brighter, and more convincing brand stories. Pimcore enables you to bring together and manage your products across all channels.
Declining using PIM can also limit your capacity for expansion and growth. Pimcore can also take your offerings to new markets with translation, content customisation and data capabilities that will put you in touch with new markets and audiences. Instead of just reporting on what you are already doing, a PIM tool enables you to seize new opportunities.
What are the differences between PIM automation of businesses and ERP automation of businesses?
ERP software has been created to automate many standard business processes, including inventory management, manufacturing records, and financial data. While ERPs perform automation well in relation to operational data, they can't automate activities associated with product data and records.
PIM systems like Pimcore can automate product management activities such as creating and correcting product descriptions and improving assets like photographs attached to a product record.
Are companies more efficient with or without PIM combined with ERP?
PIM systems also focus on product structure but with a functional orientation toward the product's capabilities and how it may be configured. Adding PIM to an existing ERP system enhances our capacity to manage product data. The PIM solution can combine with the ERP with tools that enable you to manage product data in much greater clarity and detail.
The PIM system can hone in on product records existing in the ERP to enable you to add information about the variations in the attributes of your products. The two systems can also work together to maintain product structure.
What are the challenges in integrating ERP with PIM?
Some businesses do encounter challenges in the integration of ERP and PIM systems. One challenge can be the movement of information across the platforms. Often, there are differences in how information is captured, stored and presented, and these inconsistencies need to either be resolved before integration can occur, or a solution for rectifying differences within the application be found.
Because they have different outcomes and intended uses, ERPs and PIMs sometimes use different views of the same centralised information. The ideal solution is where data continues to be housed in each system and a process that enables information to flow between the systems can be found. This ensures continuity without generating redundant data.
Most commonly, during integration, the PIM solution will access data from the ERP and add and enhance the records with much more detailed and extensive product information. The benefits of combining the two also continue to be noted, and many ERP vendors are seeking to add PIM functionality to their offerings, and vice versa.
What are the bestselling features of PIM to companies?
A PIM system has the capacity to create many different users, and as such it can be used by the entire value chain. Users of PIM report an improved ability to enrich and expand product data for the customers. PIM solutions can provide your business with:
- Access to centralised records about products across all of your existing product categories
- Create customer driven product display and engaging shopping experiences
- The ability to showcase thorough records, product guides and manuals
- Translation services for international websites
These functionalities are not typically associated with an ERP, which is a tool more concerned with internal processes than engagement, marketing or sale funnels. ERPs frequently have gaps when it comes to creating customer-oriented product information.
Data management, deployment and presentation are some of the greatest challenges facing modern companies. Deciding which technologies a company should invest in is problematic for many. A clear approach for data handling is required, along with the decision for an ERP, PIM or completely different solution.
Related Questions
Does an ERP or PIM require more maintenance?
Corporate users find PIM solutions do not require the same ongoing maintenance and upgrades as ERPs. Companies deploying PIM solutions have also been able to find benefits both internally and for customers without the need for high levels of customisation and little to no additional investment into core technology updates.
How to choose a PIM system to integrate with ERP?
With several PIM tools on the market that can integrate with your existing ERP, it makes sense to explore the following questions to help you determine which PIM product will best meet your needs.