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What Is Enterprise Resource Planning (ERP) and How Does It Work?

From accounting to procurement, from regulatory compliance to supply chain operations, managing the day-to-day activities of running a business is an intricate juggling act. Thankfully, there are ERP systems to help. ERP stands for enterprise resource planning, which is the process of managing and integrating these business practices. Usually, this is done in real-time and with the aid of ERP software, which is used to collect, store, and manage organizational data.  For many businesses, ERP software implementation isn’t just a

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