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What is ERP

Updated: May 28


What is ERP

Enterprise Resource Planning (ERP) is a software system that integrates and manages core business processes across departments within an organization. It is designed to provide a centralized platform for managing day-to-day activities such as finance, supply chain, operations, reporting, production, management. Customer relations (CRM) and human resources ERP system centralizes data. Reduces manual data entry and make business information visible to key stakeholders and their teams.

 

ERP software generally has modules for functions such as accounting, purchasing, inventory management, sales, marketing, and human resources. These modules are designed to work together seamlessly. It allows for real-time data sharing and process automation. This integration helps organizations improve processes, reduce errors, and improve decision-making by providing a single source of true data for all business information.

 

There are many types of ERP systems, such as On-Cloud systems and On-Premise systems. Each type has different strengths and weaknesses. The choice of which type to use depends on the organization's specific needs and resources. The needs of the business should be taken into account. We should study options, request a price and compare prices. Also need to bring the system into use and how to choose an appropriate ERP system, with important principles included as follows: consistent with the budget ,great value for money, reliability, stability and compatibility.

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