ERP
Enterprise resource planning (ERP) systems enable organizations to integrate and synchronize key business operations including finance, HR, supply chain, manufacturing, inventory, and billing. ERP improves visibility, efficiency, and data-informed decision making.
Top ERP platforms offer customer relationship management capabilities and sales force automation as well. ERP adoption is driven by needs for standardization, security, mobility, and analytics using unified data.
However, successful ERP implementation requires extensive requirements planning, change management, training, testing, data migration, and iterations. Understanding feature tradeoffs is pivotal in complex platforms. Ongoing user feedback and flexibility maximize ERP performance and utilization.