COMPUTER APPLICATIONS
ENTERPRISE RESOURCE PLANNING ERP SOFTWARE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The traditional business system is called as ____
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modern method
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advanced method
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effective method
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legacy method.
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Explanation:
Detailed explanation-1: -In accounting, the acronym ERP stands for enterprise resource planning – which is a type of business management software. ERP finance modules offer many of the same features as accounting software, such as tools for accounts receivable and payable, general ledger, expense management, reporting and analysis, and more.
Detailed explanation-2: -At a high level, an ERP implementation strategy includes similar phases to get from purchasing the solution to installing licenses or software, transferring financial and transactional data, and mapping business processes and system access for each department, user group or business role.
There is 1 question to complete.