Earlier, Material Resource Planning tools were used to manage the business in various verticals such as Manufacturing, Purchasing, and selling items. The advancement of technology has lead to the development of an integrated software called ERP.
ERP is an integrated Enterprise Resource Planning; it helps to manage your business activities from the beginning to the end process from within a single software. It allows you to monitor and track the inventory and sales from a centralized system with access to different business aspects.
For example, the eCommerce module will contain many forms for items, stock, Accounting, Warehouse, Purchase, Point of sale, Inventory, Invoice, etc. You can create a report and monitor transactions of your business inside a single interface.
An ERP software alters the handling of vast numbers of excel sheets, which is too time-consuming. ERP can easily record your business data and transactions as manually updated by the managers. It is a shared database to access data on various business operations.
The most significant advantage is digitizing the business process that streamlines the business operations and allows you to access your business from the customer perspective through a unique Enterprise Resource Planning System.
#enterprise resource planning #erp #ecommerce