Class, ERP (Enterprise Resource Planning) systems manage both Internal business and external customer requirements and can significantly improve the daily operation of a company; however, these tools are costly and expensive to maintain. There are stand alone tools that could help with different daily operations of smaller companies. For example, there are payment collection technologies for (Collecting payment on time), Computer Aided Design for (Managing product improvement) or Supply Chain Management for (Synchronization of product delivery with demand) tools that could be used by small or mid-size companies.
Class, could you name some of these tools? Are you familiar with companies that provide these services (service providers) for other organizations?