WHAT ARE THE ERP MODULES AND HOW DO THEY HELP BUSINESSES GROW?

Enterprise Resource Planning (ERP) covers multiple business parts and activities at the expense of several modules. Here are the essential ERP modules for business growth.

The accounting module is responsible for automating critical financial functions and managing them in compliance with tax regulations. It can also track real-time financial transactions and ensure data for reporting. Another module – order management – provides customer satisfaction by performing orders faster and improving customer service in multiple areas. Additionally, ERP includes supply chain management (SCM). This module connects every step of an SC process, offers real-time updates, and ensures faster decision-making. Customer relationship management in ERP optimizes building a solid connection with potential clients.

All the modules in Enterprise Resource Planning focus on improving day-to-day business operations at the expense of automating and reliable databases. Check up on the infographic below to discover some more details.

https://www.cherryroad.com/2022/01/04/cloud-erp-modules-list/