how does ENTERPRISE RESOURCES PLANNING work ?
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Answer:
There’s a large number of available system solutions on the market for a wide range of processes. Whatever your business is, there’s likely already a system out there that meets the specific demands of your industry. One solution that companies of all sizes tend to purchase is ERP software. ERP stands for enterprise resource planning. But what exactly does this term mean, and how does an ERP system work? We’re glad you asked. Read on to learn what is ERP and how it works, basic features of the system, installation and implementation, featuring insights from industry thought leaders.
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What is ERP?
Meaning and Definition
History
How ERP Works
Business Value
Who Uses ERP?
System Features
Deployment
☆What is ERP?
Meaning and Definition
Think of enterprise resource planning as a system that maintains a database of information related to business processes anywhere from human resources to customer relationship management. It’s a lot cooler than just a database though – most ERPs allow for the automation and integration of business processes, therefore reducing the amount of manual labor that your team has to perform. In summation, an enterprise resource planning system is a suite of integrated applications for managing, automating and connecting key business processes.
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