ERP systems

THESE ARE BASICALLY THE FUNCTIONAL AREAS OR SAY THE MODULES ON WHICH AN ERP SYSTEM WORKS UPON

AND BELOW IS THE FULL FUNCTION OF ERP CONSISTING FLOW OF WORK.

DEFINITION:
ERP stands for Enterprises Resource Planning systems

ERP is an industry term for the broad set of activities that helps a business manage the important parts of its business. The information made available through an ERP system provides visibility for key performance indicators (KPIs) required for meeting corporate objectives.

ERP software applications can be used to manage product planning, parts purchasing, inventories, interacting with suppliers, providing customer service, and tracking orders.

ERP can also include application modules for the finance and human resources aspects of a business. Typically, an ERP system uses or is integrated with a relational database system.
The deployment of an ERP system can involve considerable business process analysis, employee retraining, and new work procedures.
Enterprise resource planning systems or ERP systems integrate all departments and functions across a company onto a single computer system that can serve all departments' particular needs. ERP ensures seamless integration of all the information flowing through the company – financial, accounting, human resources, sales, manufacturing, distribution, project and inventory management, planning and maintenance, customer information and e-business. In addition business specific optimization modules can be integrated, analyzing the information flow as a whole and proposing effective optimization steps, leading to more efficient business and manufacturing process.




HERE IS THE TOTAL COST OF OWNERSHIP OF DIFFERENT BRANDS
LET'S HAVE A LOOK:

SAP is the world's most preferred ERP system
and is quite effective
2nd comes the ORACLE
than BAAN,
PEOPLESOFT,
J.D.EDWARDS
are also some of the most used erp based companies.