Enterprise resource planning (ERP) is a software system that utilizes a centralized database that contains all the necessary data in one location.
The data is generated from the transactions produced by every business process enabled by the ERP system. This database is shared across multiple departments to support multiple functions.
The shared information allows for easy metric reporting and faster implementations of tasks, such as orders, marketing and bookkeeping. In essence, an ERP system automates processes across departments. [Read more…] about ERP Automation Benefits and Trends