FULL FORM OF ERP

WHAT IS ERP

       ERP stand for Enterprise Resource Planning. It is a business process management software that allows an organisation to use a system of integrated application to manage the business in easy way. It is used to store,collect. Manage and interpret data from many business activities like product planning ,Manufacturing planning,cost planning,service delivery,Marketing and sales,Inventory Management,etc

TYPES OF ERP SOFTWARE

     ERP software is very useful for large organisation. It is available in many modules.
  1.  Financial Accounting
  2. Human Resources
  3.  Inventory
  4.  Purchasing
  5.  Project Management
  6. Supply Chain Management
  7.  Customer Relationship management etc
     ERP software module has its own functional area and used by the organisation for efficiently manage their business.

ADVANTAGE OF ERP


  1.    It facilitate automated core business operation.
  2.    It reduce risk and improve financial compliance.
  3.   With the help of ERP employee can do their job efficiently.
  4.    With the help of ERP number of customers can be increased because it has relationship tracking.





      

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