What role does an enterprise resource planning (ERP) system serve? 🔊
An enterprise resource planning (ERP) system serves the critical role of integrating and managing key business processes across an organization. It provides a centralized platform for functions such as finance, procurement, human resources, and supply chain management. By unifying these processes, an ERP system enhances data accuracy, streamlines workflows, and improves operational efficiency. Additionally, it fosters better decision-making by providing real-time insights and analytics, ensuring that all departments are aligned and informed of the organization’s performance.
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