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HRMS R 12
What is ERP?
The practice of consolidating an enterprise’s planning, manufacturing, sales and marketing efforts into one management system.
Combines all databases across departments into a single database that can be accessed by all employees.
ERP automates the tasks involved in performing a business process.
3 Major Reasons:
To integrate financial data.
To standardize manufacturing processes.
To standardize HR information.
How Do ERP Systems Work?