While the concept behind an ERP system is straightforward — unifying all departments and their information on a single system — the benefits are vast. Here are 15 of the most notable advantages an ERP system offers: Data Security, Standardised/Centralised Data, Compliance, Increased Productivity, Visibility, Scalability, Mobility, Cost Savings, organised Workflows, Real-time Reporting, Operational Efficiency, Better Cusomter Service, Collaboration, Flexibility, and Accurate Forecasting.