COMPUTER APPLICATIONS
ENTERPRISE RESOURCE PLANNING ERP SOFTWARE
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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ERP systems are multiple module software packages that evolved primarily from traditional manufacturing resource planning (MRP II) systems.
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True
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False
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Either A or B
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None of the above
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Explanation:
Detailed explanation-1: -The main purpose of an ERP system is to increase organizational efficiency of an organization by managing and improving how company resources are utilized.
Detailed explanation-2: -Order management, customer relationship management (CRM), and purchasing are also common ERP modules in most businesses (procurement).
Detailed explanation-3: -Key disadvantages include the high costs of ERP software, its complexity, slow implementation, and data migration. If you want your procurement process to be as efficient as possible, it’s best to invest in a P2P solution that provides integration with an ERP system.
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