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Credit research foundation examines ERP technology. (Selected Topic).(enterprise resource planning software)
Enterprise Resource Planning software, or ERP-those words inspire nightmares to most managers. The name itself is a misnomer, as most credit and receivable practitioners would assert. The acronym appropriately sounds like a digestive reaction to a bad tuna sandwich. The reference to "Enterprise" is somewhat applicable because it is through that scheme that an ERP system has its strength. "Resource" is a suitable, yet somewhat misleading term as will be discussed later. However, -- "Planning"--forget about it. ERP doesn't do much of that. The concept of an ERP is to attempt to integrate all departments and functions across a company onto a single computer system that can ...
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Source: HighBeam Research, Credit research foundation examines ERP technology. (Selected...