ERP fundamentals questions

Question 1

Are there any similar softwares/systems besides ERP that are relevant?

Accepted Answer

Relational databases

Question 2

What kind of services ERP actually offers?

Accepted Answer

All these and more

Question 3

How can ERP systems replace legacy systems?

Accepted Answer

By integrating business operations

Question 4

Name a system benefit of ERP

Accepted Answer

Share information across organization

Question 5

Is ERP today still as relevant as in the beginning of 2010's?

Accepted Answer

Yes, efficiency is required in business operations, Yes, business operations are integrated, Yes, business data is created in all operations, Yes, business data needs to be shared

Question 6

What benefits does a company get from using an ERP system?

Accepted Answer

Saves time, Saves money, Saves costs, Saves resources

Question 7

How can ERP system maximize information throughput?

Accepted Answer

Information is saved in one common database

Question 8

Is the ERP suitable for all kinds of companies?

Accepted Answer

Depends

ERP fundamentals questions

Questions 8

ERP fundamentals questions

Questions 8