ERP systems are comprised of many different modules. Module names vary somewhat from vendor to vendor but essentially, most ERP systems include standard modules for accounting (general ledger, accounts payable, accounts receivable, cash management), distribution (inventory management, sales orders, purchase orders), manufacturing (bills of material, work orders, scheduling, engineering, material planning), and productivity and integration modules (reporting, dashboards, alerts, and other similar modules. A list of common ERP Modules is provided to help companies better understand all of the available module options and their respective features.
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Every new year sees new challenges, opportunities, and innovations for businesses across every industry. The lightning pace at which some companies need to be able to respond to or capitalize on changing markets and consumer expectations has resulted in many businesses adopting ERP (enterprise resource planning) systems to create and maintain competitive advantages while reaching
ERP (enterprise resource planning) systems are one of the most valuable tools for effectively integrating and managing many facets of your business. Understandably, getting up and running with an onsite ERP system can be expensive once you factor in the costs of purchasing the software, installing and maintaining the hardware and applications required by it,