What are the key benefits offered by large software companies such as ERP providers?
Expert Answer
Below are the key benefits offered by large software companies like ERP providers –
1. Capturing of transactional data to ensure record keeping.
2. Integration of all the supply chain and financial processes and functions to ensure seamless flow of transactions.
3. Ability to create reports based on the analysis of transactional data
4. Ability to audit the transactions for compliance purposes
5. Integration with external systems of records and transactions through inbound and outbound interfaces
6. Ability to provde customized functionalities for any gaps between the business processes
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