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ERP

24. November 2023

Reading: Minutes

ERP stands for Enterprise Resource Planning. It is a software solution that supports companies in planning, controlling and optimizing their business processes. ERP systems are usually very comprehensive and cover a wide range of business areas, such as finance, production, purchasing, sales, warehousing and human resources.

The aim of ERP is to create a standardized database on which all departments of a company can build. This enables better collaboration and coordination between departments and ensures that information can be exchanged more quickly and accurately. Processes can also be automated and standardized, leading to greater efficiency and productivity.

ERP systems usually have a modular structure, i.e. they consist of different modules that can be combined according to the company's needs. This allows companies to adapt the ERP system to their individual requirements and let it grow as the company grows.

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