what is ERP

what is ERP… What is the use of ERP in Finance sector

Add Comment
1 Answer(s)

“ERP” stands for enterprise resource planning. It refers to a suite of software that organizations use to manage day-to-day business activities, such as accounting, procurement, project management, risk management and compliance, and supply chain operations. A complete ERP suite also includes enterprise performance management, software that helps to plan, budget, predict, and report on an organization’s financial results.

In Finance

Modern ERP offers dashboards that give you an overview of your finances, so you can tap into the real-time information anytime and anywhere. It should also help you cut down on entering information manually by automating daily tasks and include tracking abilities that help with your business’s regulatory compliance.

Add Comment

Your Answer

By posting your answer, you agree to the privacy policy and terms of service.