Explain about ERP, it's advantages(a software which I worked upon during my internship)

Question

Accepted Answer

ERP is a software that integrates various business processes and functions into a single system.

ERP stands for Enterprise Resource Planning.
It helps organizations streamline their operations and improve efficiency.
Advantages of ERP include centralized data management, improved collaboration, and better decision-making.
It automates processes like inventory management, financials, human resources, and customer relationship management.
ERP provides real-time visibility into business processes and enables data-driven insights.
Example ERP systems include SAP, Oracle, and Microsoft Dynamics.

Accepted Answer

ERP (Enterprise Resource Planning) is software that integrates and manages an organization's core processes, like finance, HR, and supply chain. Its advantages include streamlining processes, boosting data accuracy, enhancing collaboration, cutting costs, improving decision-making, and ensuring compliance, all of which contribute to a competitive edge in the market.

Explain about ERP, it's advantages(a software which I worked upon during my internship)

Top EXL Service Business Analyst interview questions & answers

Popular interview questions of Business Analyst

Top HR questions asked in EXL Service Business Analyst