One tree One life
November 21, 2019
June 29th, 2023
ERP is business management software that collects, stores, manages and interprets data from many business activities.
The organization can use ERP as single system to manage business processes rather than having a bunch of different specialized applications.
The concept of ERP dates back as far as the early 1900s when the system was used to organize manufacturing processes.
It relies on a central relational database to collect business information and store them in tables.
Characteristics:
Businesses need an ERP system when the spreadsheet and siloed software system are not compatible and they need functionalities of unifying systems for growth.
Benefits:
Limitations:
ERP vendors do offer configuration options that let organizations incorporate their own business rules.
ERP deployment includes:
The type of ERP business chooses depends on requirements, budgets, convenience, and what works the best for the company.
A Good Read: The Best ERP
SPEC INDIA, as your single stop IT partner has been successfully implementing a bouquet of diverse solutions and services all over the globe, proving its mettle as an ISO 9001:2015 certified IT solutions organization. With efficient project management practices, international standards to comply, flexible engagement models and superior infrastructure, SPEC INDIA is a customer’s delight. Our skilled technical resources are apt at putting thoughts in a perspective by offering value-added reads for all.
This website uses cookies to ensure you get the best experience on our website. Learn more