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These systems seek to integrate of information across all functional areas (i.e., marketing, finance, HR, logistics etc.) and hopes to provide increased flexibility to organization in serving its customers.
Enterprise resource planning systems can provide a wide array of benefits that are both tangible like reduced personnel, inventory, IT and procurement, transportation, and logistic costs; improved cash flow management, revenue, and profits, and intangible like increased visibility of corporate data, speed of decision making, and control over global business operations; improved customer responsiveness and business processes...
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