Enterprise Resource Planning
ERP (Enterprise Resource Planning) is a type of software that helps businesses manage and integrate core processes like finance, supply chain, manufacturing, human resources, and customer relationship management. It centralizes data, improves efficiency, and enables better decision-making.
- Key Features of ERP Systems:
- Centralized Database: All departments access a single source of data, reducing duplication and inconsistencies.
- Automation: Streamlines repetitive tasks like payroll, invoicing, and inventory management.
- Real-time Reporting.