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erp

ERP stands for Enterprise Resource Planning. It is a type of software that integrates various business processes, including financial management, supply chain management, human resources, inventory management, customer relationship management and more. The main goal of an ERP system is to streamline and automate business processes across departments and improve operational efficiency.

ERP systems allow businesses to have a centralized database that stores all critical business information. This enables different departments to access the same information in real-time, which helps in making informed decisions based on current data.

ERP software typically includes modules or applications designed for specific business functions such as finance, procurement, manufacturing, sales, marketing etc. These modules work together seamlessly to provide end-to-end visibility into the organization’s operations.

Overall, ERP systems are designed to help organizations optimize their resources and make better use of their time by automating repetitive tasks while providing insights into key performance indicators (KPIs) and other metrics that help managers make more informed decisions.

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