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Enterprise Resource Planning System

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penaverdevenus19
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14 views1 page

Enterprise Resource Planning System

Uploaded by

penaverdevenus19
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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Enterprise Resource Planning System functions like supply chain management and

customer communication.
ERP systems collect and organize key business
information and help organizations run lean, Enterprise resource planning (ERP) is a platform
efficient operations, even as they expand. companies use to manage and integrate the
essential parts of their businesses
ERP systems centralize data, provide cross-
departmental visibility, enable efficient analysis, Enterprise resource planning (ERP) facilitates
resolve data conflicts, and drive process improvement to a company's value chain.
improvements. That translates to cost savings
ERP is designed to facilitate the sharing of
and better productivity as people spend less
information across functions to eliminate
time digging for needed data.
inconsistency and duplication of effort.
ERP systems have become table stakes for
ERP is also an asset when it comes to planning
businesses looking to use resources wisely. They
and coordination. Employees can see current
can help leaders reallocate human and financial
inventory and customer orders in detail, then
capital or build more efficient core business
compare supplier purchase orders and forecast
processes that save money without sacrificing
future demand
quality or performance..

ERP system also provides reports and analytics


that can be difference-makers for the business. ERP Software
Turning a vast trove of information into charts
and graphs that clearly illustrate trends and ERP software also improves communication and
help model possible results is an ERP capability collaboration because workers can check on the
executives find invaluable status of other departments to guide their own
decisions.
ERP systems are evolving to provide businesses
with the competitive intelligence necessary to Enterprise resource planning software offers
drive success across a variety of functional single-system solutions that integrate processes
areas. across the business. These applications allow
users to interact within a single interface, share
information, and enable cross-functional
collaboration. They increase productivity,
Enterprise Resource Planning (ERP)
collaboration, and efficiency.
ERP is a category of business software that
ERP software applications are critical to
automates business processes and provides
companies because they help them implement
insights and internal controls, drawing on a
resource planning by integrating all the
central database that collects inputs from
processes needed to run their companies with a
departments including accounting,
single system.
manufacturing, supply chain management,
sales, marketing and human resources (HR). ERP software system can also integrate
planning, purchasing inventory, sales,
ERP comprises several modules — bundles of
marketing, finance, human resources, and
features tailored for various aspects of the
more.
business, including back- and front-office roles.
This goes beyondfinancials and fundamental

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