Enterprise Resource Planning or ERP, is utilized by businesses to manage and integrate processes essential to running a company under a single system. ERP systems can integrate planning, inventory, sales, marketing, finance, human resources etc. and help you collect, store, manage and interpret data related to various business processes. The benefits of ERP software are numerous – namely streamlining business processes to improve efficiency and productivity as well as playing a role in cost reduction. Businesses, especially big ones, should …