ERP FULL FORM
Full Form of ERP : Enterprise Resource Planning
What is the Full form of ERP?
No:1. The full form of ERP is Enterprise Resource Planning.
No:2. It’s a business management software that several business organizations incorporate to boost their efficiency and quality.
No:3. It is a powerful entrepreneurial device.
No:4. It is used to capture, store, handle and analyze data from many company activities such as product planning, expense, distribution of production or service, sales and marketing, inventory control, shipping & payment, and so on.
No:5. The ERP system’s key feature is a centralized database that incorporates various functions which are used by multiple areas.
No:6. For instance, Sales and accounting may depend on the same details.
No:7. Each ERP software module has its business function and is used to enhance efficiency & performance by the organization.
No:8. Leading EPR vendors are Oracle, SAP, IFC, Microsoft, Infor, QAD, Lawson, Epicor, SAGE, etc.
No.-1. Download 15000 One Liner Question Answers PDF
No.-2. Free Download 25000 MCQ Question Answers PDF
No.-3. Complete Static GK with Video MCQ Quiz PDF Download
No.-4. Download 1800+ Exam Wise Mock Test PDF
No.-5. Exam Wise Complete PDF Notes According Syllabus
No.-6. Last One Year Current Affairs PDF Download
No.-7. Join Our Whatsapp Group
No.-8. Join Our Telegram Group
Various modules of ERP
ERP software is also useful for large companies and there are several modules of ERP which are :
No:1. Financial Accounting
No:2. Inventory
No:3. Project management
No:4. Purchasing
No:5. Human Resources
No:6. Customer Relationship Management
No:7. Supply Chain Management
Implementation of ERP
No:1. Time and cost are critical considerations to consider when installing or implementing an ERP program.
No:2. Implementation can take a few months to a few years.
No:3. Additionally, the price is not constant and can vary depending on the specifications and the functionality offered by the vendor.
Benefits of EPR
No:1. It makes it easier for workers to do their activities more effectively.
No:2. Decreases the risks and improves financial compliance.
No:3. Core business processes are automated.
No:4. Improves customer satisfaction, as it offers one outlet for billing & relationship tracking.
No:5. Provides a global, real-time summary of the system which helps businesses to make upgrades.
MUST READ : OMR FULL FORM
No.-1. Download 15000 One Liner Question Answers PDF
No.-2. Free Download 25000 MCQ Question Answers PDF
No.-3. Complete Static GK with Video MCQ Quiz PDF Download
No.-4. Download 1800+ Exam Wise Mock Test PDF
No.-5. Exam Wise Complete PDF Notes According Syllabus
No.-6. Last One Year Current Affairs PDF Download
No.-7. Join Our Whatsapp Group
No.-8. Join Our Telegram Group