Stores all relevant information, eliminating data redundancy and providing a single source of facts for the organization.
ERP
Enterprise Resource Planning, software system that integrates and manages various core business processes within an organization.
Description
ERP systems are designed to streamline and automate operations, improve efficiency, and provide accurate and real-time information across different departments and functions. It includes modules for different functional areas such as finance, human resources, manufacturing, supply chain management, customer relationship management (CRM), and more. These modules can be customized and configured to meet the specific needs of an organization.