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ERP: Enterprise Resource Planning

ERP stands for Enterprise Resource Planning. It's a type of software system that businesses use to manage all their core activities in one place. It acts as a central hub that connects different departments like finance, inventory, sales, and human resources. Traditionally, these departments might use separate software programs to manage their data. An ERP system, however, brings everything together under one roof. This integrated approach improves data flow and communication across departments. Ultimately, ERP helps businesses run smoother, make better decisions, and up their overall performance.

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