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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Information
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Employees
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Customers
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Database
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Detailed explanation-1: -Integrated information is at the heart of any ERP system. Through the ERP system, information will include from different actions including project management, accounting, and procurement.
Detailed explanation-2: -With a centralized database: All data in an ERP system is stored in a single, central database. This centralization is key to the success of an ERP – data entered in one part of the company can be immediately available to other parts of the company.
Detailed explanation-3: -The heart of an ERP system is a central database that collects info from and feeds info into all the ERP system’s individual application components (call modules), supporting diverse business functions such as accounting, manufacturing, marketing, and HR.
Detailed explanation-4: -Payroll software is the most crucial feature in core ERP components. Manually submitting payroll and issuing direct deposits is inefficient and not cost-effective. An HR component automates payments, including tax deductions.