Benefits of ERP
Better business practices with re engineering of process as this becomes a prerequisite to ERP.
Accurate and timely information.
Eliminate duplication in work.
Better customer satisfaction.
Improve operational Efficiency.
Reduce avoidable costs and losses.
Better inventory management.
Facilitates knowledge management.
Better employee satisfaction.
Better planning and preparedness.
Example of ERP- Microsoft dynamics axapta, Navision,CRM,SAP, Oracle,Tally ,Baan,LN etc.