Q. What are the advantages of the enterprise-wide systems?
Benefits of Enterprise-wide systems (ERP) systems:
a. In this system integration of software applications can easily speed up exception reporting.
b. In this system real-time data take and reporting of financial outcomes.
c. Presents information for every levels of management.
d. It can be integrated along with customers or with suppliers to speed up lead times and enhance the quality of supply chain management.
e. More effectual planning for example, forecasting the impact changing volumes will have onto company-wide cost, profitability and sales. A helpful ability to answer "what-when" questions.