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ERP Software Development, Website Design, Digital Marketing

What is Enterprise Resource Planning or ERP ?

Enterprise resource planning  (ERP) is a business concept  used by companies to manage and integrate the important functions of their businesses.The ERP system can also integrate planning,sales,marketing,finance,customer service and human resources.ERP integrates all the business processes of an organization like ERP for discrete manufacturing, process based manufacturing,ERP for service centers,import,export,construction companies,preschool chains,retail chains and tour and travels to enhance the efficiency and maintain the competitive position in the global market.ERP has evolved from a system known as manufacturing requirement planning.ERP can also be called as business operating system.ERP system also known as an ERP suite is made up of different applications that communicate with each other and share a database.There are certain core processes that run a business.They are finance, HR, manufacturing,supply chain and services.The function of ERP is to basically integrating these processes into a single system.New ERP systems use the latest technologies like machine learning and Artificial Intelligence.ERP software consists of multiple enterprise software modules that are individually purchased .

There are various new computing trends that have an impact on the growth of ERP software.

The ERP software enables greater accuracy and collaboration between the organisation's departments.ERP systems thus allow reports to be generated from a single centralized system.

Executives and business owners won't have to rely on multiple programmes due to ERP software.Thus data migration and analysis have  not become too complex and time consuming.