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Tag: erp

When Is the Best Time to Change My ERP System?

In the manufacturing sector, an ERP system is essential for planning and operations. But if your business is growing, your ERP can drag it down by no longer being able to support business needs, by lacking flexibility, or by not being integrated with the most up-to-date technology. When symptoms of lagging emerge, you are forced […]

Why Every Company Needs an ERP System

The global demand for enterprise resource planning (ERP) software continues to expand, and its market is predicted to grow to about 86 billion U.S. dollars by 2022. But not everyone is acquainted with the variety of benefits that ERP brings to a company. Because globalization is creating a market squeeze on many industries, it’s crucial that […]

What is an ERP System? How Does It Add Value to Your Enterprise?

The term “ERP” or enterprise resource planning applies to a collection of software programs that companies use to oversee day-to-day business processes such as accounting, project management, risk management and compliance, procurement, and supply chain operations. A comprehensive software suite also incorporates enterprise performance management (EPM), which is software that aids in the planning, budgeting, […]