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NetSuite ERP for Administrators by Anthony Bickof

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Value of ERP 

Enterprise Resource Planning (ERP). The objectives of ERP are to make operations more efficient while simultaneously building financial statements, ordering from suppliers at the right time to optimize the quantity kept in the inventory, selling and fulfilling the products, processing payments efficiently, and initiating the next step in a process, without the need for human intervention. It also enables employees to communicate without having to speak to each other, thereby optimizing customer communications and reducing internal effort by allowing customer self-service while simultaneously capturing the journal entries necessary to accurately reflect the state of the business from an accounting perspective, and to create actionable ...

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