What is Enterprise Resource Planning?
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Duration: 1 min 02 secs
Enterprise Resource Planning (ERP) is a type of business management software that integrates a range of functions and processes across an organization, including finance, human resources, supply chain management, inventory management, manufacturing, and more.
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An ERP system is designed to provide a single, centralized view of a business's operations, allowing managers to make informed decisions based on real-time data and insights. By integrating data and processes across different departments and functions, an ERP system can help to streamline workflows, reduce costs, and improve overall efficiency.
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ERP systems typically include a range of modules, each designed to handle a specific function or process within the organization. For example, an ERP system might include modules for accounting and finance, inventory management, human resources, and customer relationship management (CRM).
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Overall, ERP systems are a valuable tool for businesses looking to streamline their operations, reduce costs, and improve overall efficiency.
Applications
Supply Chain Management: ERP systems can manage supply chain activities, including purchasing, inventory management, and order processing.
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Manufacturing: ERP systems can manage manufacturing operations, including production planning, scheduling, and quality control.
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Sales and Marketing: ERP systems can manage sales and marketing activities, including customer relationship management, lead management, and marketing campaigns.
Enterprise Resource Planning (ERP) systems have a wide range of applications across various industries and business functions. Here are some of the common applications:
Human Resources: ERP systems can manage human resources activities, including payroll, benefits administration, and performance management.
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Accounting and Finance: ERP systems can manage accounting and financial activities, including accounts payable and receivable, financial reporting, and tax compliance.
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Project Management: ERP systems can manage project activities, including resource allocation, scheduling, and budgeting.
Target Market
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Financial Services Professionals
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Real Estate Agents
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MLM Business
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Small Medium Enterprises
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E-commerce businesses
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Religious Organizations
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Clubs/Associations
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Schools & Training Companies
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Non-Profit Organizations
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Hospitality Industry
