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E
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Enterprise Resource Planning
Type of software used by organizations to manage and integrate the core parts of their businesses. An ERP software system helps streamline processes by collecting, storing, managing, and interpreting data from various business activities, such as accounting, procurement, supply chain management, and human resources. It allows for improved decision-making and greater operational efficiency by providing a unified view of business operations. ERPs are essential for businesses looking to automate processes and ensure consistency across departments.