ERP stands for Enterprise Resource Planning, which is a system to integrate the various departments of a company. Some advantages of ERP Systems:
- Avoid human errors;
- Automate processes, reducing costs;
- Overview of business;
- Standardize, centralize and regulate processes;
- Eliminates redundant activities.
Normally these integrated systems add several features such as:
- Managing accounts payable and receivable;
- Integration with HR and payroll;
- Opening of payments and revenues in cost centers;
- Reporting by customer and cost center;
- Graphics display of results and history recorded in the database;
- Integration of financial department, human resources and accounting;
- Among others.
Graph comparing various cost centers over the months.
