Exercise Integrated Control
If your business is one growing or born new into this present hitech 21st century, then guess explaining the benefits and need of an Enterprise Resource Planning or ERP Solution to you would be like spelling out words to a High School student. However in simple terms ERP is a business management software that provides an integrated view of core business processes, often in realtime, using common databases maintained by a database management system. It facilitates easy information flow between all business functions and manages connections to outside stakeholders. Thus, its a very vital tool to exercise an integrated control over decentralised organisational systems and facilitate error free transactions and production.