ERP( Enterprise Resource Planning)

Spreadsheets depict a detailed version of the data in an efficient manner but they also have a constraint. When an organization grows exponentially the spreadsheets become redundant as the data makes it difficult to navigate effectively and efficiently. It is where ERP software comes into picture, they helps in collection and orientation of critical business data to assist the organizations to run optimally efficient and effective operations and is accommodating even in the expansion stage of the organization. These systems can be used to access information across various business functions of the organization, be it the Human Resource Department ascertaining their employee centric data or the manufacturing Department keeping the tab of production or the Finance Department accessing the Financial Parameters for the organization.
ERP can thus assist organizations in curbing the inefficiency which will eventually lead to cost optimization and will create further scope of opportunity for the organization to grow exponentially.