ERP or Enterprise Resource Planning is a compilation of all the various core business process modules in one system. It has been widely implemented in industries as well as global level enterprises. Having an efficient ERP is very vital for every business and it helps your business to collect, review and store important data about its processes.
ERP is a huge asset to your business and can be used to streamline all your business processes. It eliminates the need of different software for different departments since it is all integrated in one. The ease of access makes it user friendly and individual department wise reports can be generated at the click of a button. Performance monitoring, process streamlining, data management, department management are some of the perks of having a good ERP. It is basically a cross functional and enterprise wide software solutions and also includes accounting, human resources, information technology, and strategic management.