finance

Defining ERP: Enterprise Resource Planning Principles, Strategies, Practices and Technology

Most large companies have integrated software applications that are generically referred to as ERP or Enterprise Resource Planning systems.  ERP strategy addresses tying together a company’s different business systems and workflow processes to gain business intelligence, improve workflow, gain greater control and reduce costs.  In fact, all businesses have and use "ERP" solutions, whether they realize it or not.  The fundamental principles for designing and implementing ERP systems, and their specific strategies, objectives, practices and technologies, including workflow automation, are app  Read More »