ERP or Enterprise Resource Planning is a concept that emerged in the late 1980s. At that time, business technology and computer systems began to have a major impact on productivity in the manufacturing sector.
However, most organizations typically run each of their software functions on separate isolated platforms. You can also know more about the best ERP accounting system via https://dearsystems.com/features/finance-and-accounting/.
Image Source: Google
Each department can perform its own functions with its own specific software platform, but different systems cannot overlap and employees cannot share access to databases and other common documents that can be used to facilitate overlapping functions.
The earliest integrated ERP systems replaced these old isolated platforms with optimized systems based on one or more server architectures that companies typically purchased and maintained on their own.
Some of the popular ERP software modules can assist managers with inventory tracking, customer relationship management, payroll, human resource management, and bookkeeping
With this system, several back-office functions in the company can be combined and employees can also access a database that can be viewed by anyone and updated in real-time.
Once enterprise software systems are integrated, there is no need for sophisticated data conversion software to move simple information from one department to another, and employees can move between departments without extensive retraining.