What is Enterprise Resource Planning? Enterprise resource planning is a software system that helps organizations automate and organize business processes to maintain optimal performance. ERP is an agile software solution that helps in flow of data within a company’s business processes, providing a single source of truth. It is capable of integrating organization’s financials, operations, supply chain, reporting, manufacturing activities on a single platform. It eliminates duplicate data and ensures data integrity. Typically, ERP systems enable business processes to gain all that a business code requires. Why ERP System Essential for Business? Following are the ways your business needs ERP system implementation: Drive performance : With the solutions that use AI, it allows you access insights that boost-up decision making and improve operational performance. Speed-up operational impact : By connecting data and processes, you will bring more flexibility to...
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