Enterprise Resource Planning (ERP) Notes
What is ERP?
Enterprise Resource Planning (ERP) is a software system that is used by organizations to manage and integrate the important parts of the businesses. It is the practice of consolidating an enterprise's planning, manufacturing, sales, and marketing efforts into one management system.
Key Points
-
It can integrate all the processes that are needed to run a company.
-
It helps to improve efficiency, better reporting, and enhanced data security.
-
These systems can be customized according to the specific needs of the different industries.
-
ERP systems are crucial for large organizations.
Before ERP
Before an ERP system, there were different databases of different departments which they managed on their own. The employees of one department did not know anything about the other department.
No comments added yet!