AS SUGGESTED BY ITS NAME, ERP SOFTWARE FUNCTIONS AS THE MAIN SOFTWARE SYSTEM FOR ALL AREAS OF AN ENTERPRISE. THROUGH THE PROMOTION OF BEST BUSINESS PRACTICES AND THE USE OF A SINGLE DATABASE, ENTERPRISE SOFTWARE:
Enterprise Resource Planning breaks down barriers between departments by using a single database for the storage of all corporate information, streamlining the flow of information. This type of architecture allows management visibility into every area of the enterprise. Similarly, Enterprise software empowers employees. It provides staff the ability to quickly gather data from both inside and outside of their own department so they work more efficiently.
The benefits of locating data in a single, easily accessible database are tremendous. Consider the following ways in which the single database structure of Enterprise Resource Planning software improves corporate efficiencies: