An Enterprise Resource Planning (ERP) system is essentially a suite of business applications that are integrated together to assist a company in collecting, managing, and reporting information throughout core business processes. These business applications, typically called modules, can often be independently installed and configured based on the specific needs of the business. As the needs of the business change and grow, additional modules can be incorporated into an existing ERP system to better handle the new business requirements. This modular design of most ERP systems gives companies great flexibility in how they implement the system.
In the past, ERP systems were primarily utilized in manufacturing operations. Over ...
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