ERP is an acronym for Enterprise Resource Planning. Enterprise Resource Planning (ERP) software applications help businesses to manage and connect information from all core areas of the organization with the aim of improving effective decision making. While every business organization operating today is different, they all face a common challenge: in order to stay competitive in todayís business environment, they need a dependable and efficient way to store and access information. Thatís where ERP systems come into play.
ERP software solutions promote visibility throughout the entire organization, allowing decision makers to improve business operations such as; inventory management, accounting, order management, human resources, supply chain, product lifecycle and customer relationship management among others. ERP software serves as the focal point for managing all important aspects of a business.
Key Benefits of ERP Solutions
ERP helps you manage all of your business's accounting and financial challenges.Few of them are as below
- Human Capital Management
- Sales and Inventory Management
- Supply Chain Management
- Customer Service Management
- Materials Management.