ERP software is a concept to provide computerized solutions for integrating and automating business processes across company’s back offices.
ERP abbreviation is E-Enterprise R-Resource P-Planner.
Back Offices: Different departments like finance, logistics, marketing, human resources in a company are called Back offices
Advantage of using ERP in a company: Companies could see a cost reduction. Better efficiency in the way they operated with their business partners. Users in a company can access and process the information efficiently.
Business Partners: Business partners of a company include it’s customers, providers, banks and authorities
Some of companies developed ERP software are as follows….
|S.No||Vendor||Percentage of Market share|
|3||The Sage Group||17.44|
|5||SSA Global Technologies||7.22|