Enterprise Resource Planning: Integrating Business Processes
Enterprise Resource Planning: Integrating Business Processes Enterprise Resource Planning (ERP) systems tie core business functions into a single, accessible platform. They help teams share data, reduce duplicate work, and view a unified picture of the company. The central idea is integration: one system for finance, purchasing, inventory, and human resources. This setup makes daily tasks smoother and long-term planning clearer. An ERP usually offers modules such as finance, procurement, manufacturing, inventory, HR, and customer relationships. Modules handle tasks, but they share a common database. This alignment lowers errors and makes reporting simpler and faster. By using a shared master data model, teams see consistent information from sales to payroll, and charts of accounts line up with every department. ...