which of the following is a benefits of an erp course hero

by Horacio Huels Published 2 years ago Updated 1 year ago 8 min read

Which of the following is a benefit of ERP systems?

ERP software enables you to be more cost effective through gained efficiencies in these areas (and more): Faster financial close. Improved inventory planning and accuracy. Accurate forecasting.Mar 16, 2022

What are the 6 main benefits of ERP?

The 6 biggest benefits you'll get from an ERP system

A better view of your business process. ...
Improved cooperation. ...
Enhanced inventory control. ...
Greater customer service. ...
Stronger security and regulatory compliance. ...
Scalability benefits.

Sep 5, 2019

What are the benefits of ERP systems quizlet?

An ERP provides an integrated, enterprise-wide, single view of the organization's data and financial situation. Storing all corporate information in a single database breaks down barriers between departments and streamlines the flow of information.

What are the primary benefits of an ERP system Mcq?

Response: The primary business benefits of an ERP system include forecasting, planning, purchasing, material management, warehousing, inventory, and distribution.

What is ERP system architecture quizlet?

ERP system architecture is organized in layers or tiers to manage system complexity in order to. provide scalability and flexibility. Three-layer architecture (the most reliable, flexible, and scalable architecture) is the most prevalent today and includes: Web Servers. Application Servers.

What is the major advantage of an ERP over relational databases?

Elimination of unnecessary operations and data. Reduction of time and costs of litigation. Then, as each module of the ERP system enters the same real-time database, another advantage is that no duplicate records or playback operations, ie, redundancy is avoided.Jan 3, 2016

What does ERP stand for quizlet?

ERP is an acronym for Enterprise Resource Planning.