ERP Systems: What They Do and How They Work
ERP Systems: What They Do and How They Work ERP systems are integrated software that coordinate core business processes across departments. They use a single database and a consistent data model to provide real-time information. This helps teams plan, track, and report with less manual data entry. Most organizations use several modules in an ERP. Core areas often include finance and accounting, procurement and inventory, manufacturing and operations, supply chain, sales and customer service, human resources, projects, and business analytics. Each module covers its own tasks, but all share data and workflows. For example, a purchase order created in procurement automatically updates inventory and the financial ledgers. ...