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In practice, this means that employees in different divisions—for example, accounting and sales—can rely on the same information for their specific needs.

ERP software also offers some degree of synchronized reporting and automation.

Software-as-a-Service (Saa S) solutions—also referred to as "cloud computing"—have helped fuel this growth.

Cloud-based solutions not only make ERP software more affordable, they also make these systems easier to implement and manage.

Moreover, even though the "e" in ERP stands for "enterprise," high-growth and mid-size companies are now rapidly adopting ERP systems.We would personally like to thank all of the website template designers and developers for all of their hard work in creating these free website templates. When you search for "ERP" on the web, the sheer amount of information that comes up can be overwhelming—not to mention a little confusing.ERP is an acronym for Enterprise Resource Planning, but even its full name doesn't shed much light on what ERP is or what it does.For that, you need to take a step back and think about all of the various processes that are essential to running a business, including inventory and order management, accounting, human resources, customer relationship management (CRM), and beyond.

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