Think about all the core processes needed to run a company: finance, HR, manufacturing, supply chain, services, procurement, and others. At its most basic level, ERP integrates these processes into a single system. They provide visibility, analytics, and efficiency across every aspect of a business. Using the latest technologies, ERP systems facilitate the flow of real-time information across departments, so businesses can make data-driven decisions and manage performance – live.
ERP, in a way, resembles the central nervous system in humans. Its capacity transcends the individual parts and creates the collective ability to form an enterprise consciousness. It helps an enterprise become more self-aware by linking information about its different units. ERP connects different technologies used by each individual part of a business, eliminating duplicate and incompatible technologies that are costly to the organization.