91Ó°ÊÓ

Enterprise Resource Planning (ERP) is a sort of software that many businesses use to keep their operations running smoothly. This software is created in such a way that numerous corporate activities such as human resources, finance, inventory management, and supply chain management may be tracked daily. This software is commonly used in enterprises to eliminate inefficient manual procedures and to cover the most promising growth possibilities.

ERP (enterprise resource planning) is a system for automating and managing corporate processes in finance, manufacturing, retail, supply chain, human resources, and operations. ERP solutions help management gain insight, optimize operations, and improve decision-making by breaking down data silos and integrating information across departments.

The following are some of themanagement activities within a certain functional area in any organization are the information is collected automatically when using an ERP system.

a) Helps in offering better customer service.

b) Helps in supply chain management.

c) Helps the company in streamlining the process.

d) Because of automated data collection, better reporting is feasible.