Enterprise Resource Planning (ERP)

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Enterprise Resource Planning (ERP)

ERP software system is used by firms or enterprises to integrate and manage imperative part of their organizations. Key use of this system includes integration of planning, finance, sales, purchasing, inventory, human resources, and others in businesses. Owing to the centralized nature and multi-facet usage of ERP systems, these are extremely critical to companies.

    Benefits of ERPs:

  • a. Free flow of communication among different departments
  • b. Single source of information
  • c. High accuracy
  • d. Real-time data reporting
  • e. No physical boundaries, remote access of data
  • f. Customization of businesses

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