ERP Software Solutions – What is ERP?

Enterprise resource planning (ERP) refers to a type of software that is used to manage day-to-day business activities. It includes activities like accounting, project management, procurement, risk management, and supply chain operations. It also includes enterprise performance management that helps plan, budget, predict, and report the financial results of an organization. ERP systems tie together a multitude of business processes. It enables the flow of data between them. ERP systems eliminate data duplication and provide data integrity by collecting an organization’s shared transactional data from various sources.

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