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ERP System

Dual IT ERP system:

“ERP” stands for enterprise resource planning. It refers to a suite of software that organizations use to manage day-to-day business activities; such as  accountingproductioninventoryhuman resource managementrevenueexpensescost centrepoint of sale and supply chain operations.

A complete ERP suite also includes enterprise performance management, software that helps to plan, budget, predict, and report on an organization’s financial results.

ERP systems tie together and define a plethora of business processes moreover enable the flow of data between them. By collecting an organization’s shared transactional data from multiple sources; ERP systems eliminate data duplication and provide data integrity with a “single source of truth.”

Today, ERP systems are critical for managing thousands of businesses of all sizes and in all industries.

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