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Essay text:
The latest generation of commercially available software packages promise seamless integration of all information flows -- financial and accounting, human resource, operations, supply chain, and customer information. This provides for a unified view of the business, encompassing all functions and departments by establishing a single enterprise-wide database in which all business transactions are entered, recorded, processed, monitored, and reported.
A successful ERP implementation can shorten production cycles, increase the accuracy of demand forecasts, improve customer service, trim fat from operating expenses, and may lead to a reduction in overall information technology costs by eliminating redundant information and computer systems...
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