An Enterprise Resource Planning system is used to integrate all of the technological data within an organization such that:
- all major business processes are encompassed and standardized
- all data is usable by all functional areas of the business
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Enterprise Resource Planning = ERP
- Integrate many business functions into one seamless application
- Usually are applications systems that run on top of a Rational Database Management System
- Replace 100s of legacy systems in organizations who use an ERP
Characteristics of ERP
- Link all business processes automatically
- Reduce interprocessing time (transactions occur one time at the source)
- Maintain complete audit trail of all transactions
- Utilize one common database
- Perform automatic internal conversions (e.g., foreign currency, taxes, legal "rules" for payroll, product pricing)
- Improve customer service by putting data at the fingertips of any employee
- Involve users in the entire functional cycle
Advantages of ERP
- Fully integrated Business Functions or Modules that support Business Processes
- Helps develop an understanding of a company's processes by tracking information and acquiring data throughout its business process
- Standardized Systems Development Life Cycle
- Move Toward Business Process Re-engineering
- Centers Re-engineering Around the Software
- Directly Links to External Systems
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** Our ERP solutions are also available on Cloud, Mobility, Hosting and in Hire Purchase plans.
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