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Erp discussion - isca

Madhavi (CA - FINAL) (1342 Points)

05 July 2012

Hai frds, Let us discuss on ERP a small chapter for today in ISCA. Pl join

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Madhavi (CA - FINAL) (1342 Points)
Replied 05 July 2012

1. An Enterprise Resource Planning System is a fully integrated business management system covering functional areas of business like Logistics, Finance, HR etc. 2. Taking information from every function it is a tool that assists employees and managers plan, monitor and control the entire business. 3. It organizes and integrates operation processes and information flows to make optimum use of resources such as men, material, money and machine.

Sasanka Bhalaki (Student) (1935 Points)
Replied 05 July 2012

ERP software consists of many enterprise software modules that an enterprise would purchase, based on what best meets its specific needs and technical capabilities. Each ERP module is focused on one area of business processes, such as product development or marketing. Some of the more common ERP modules include those for product planning, material purchasing, inventory control, distribution, accounting, marketing, finance and HR.