Question 1

What is ERP and how does it work?

Accepted Answer

Enterprise resource planning (ERP) refers to a software system that allows businesses to streamline day-to-day operations and core business functions, such as HR, finance, sales, supply chain, manufacturing, and procurement. It offers a complete overview of all the processes with a unified view of activity and a single source of truth.

Question 2

What is the ERP integration strategy?

Accepted Answer

The successful ERP integration strategy is designed to make sure the unified ERP system can efficiently communicate or collaborate with other data systems and business applications. It plays an important role in enhancing operational efficiency, maintaining data consistency, and fostering informed decisions.

Question 3

How to integrate with an ERP system?

Accepted Answer

There are three main methods of ERP integration, including point-to-point, Enterprise Service Bus (ESB), and Integration Platform as a Service (iPaaS). Data cleanup, defining core objectives, in-depth analysis of integration needs, and prioritizing security are the best practices for ERP integration.

Question 4

What are the 7 steps for successful ERP implementation?

Accepted Answer

Here are the best 7 steps for successful ERP implementation, including:

- Define your goals and objectives
- Hire a dedicated software development partner
- Choose the right ERP software
- Perform data migration
- Set up the ERP system
- Conduct testing of the system
- Launch your new ERP system.

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