Tag: ERP Software

AN ERP system connecting all other aspects of business.

ERP Data: Are You Using It or Just Collecting It?

October 20, 2022 | by Preferred Strategies

Many companies never touch the majority of the data they collect because it’s locked up deep in their Enterprise Resource Planning Data (ERP). ERP is software your organization can use to manage its day-to-day business activities. These activities include accounting, project management, compliance, procurement, risk management, and supply chain operations. Your ERP can track activities that naturally occur in your business. This software can coordinate the flow between all these activities with the data it collects, often in real-time. Most companies’ ERP collects information that can increase productivity, cut costs, and identify bottlenecks, and they are not utilizing it. Join

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