Point-of-sale (POS) systems, accounting software, and inventory management solutions all help you run different elements of your business, but the data they track is all interconnected. If your business is small, you can purchase separate applications and enter data into each platform individually. But if you’re running an enterprise-level business, the sheer number of products and transactions can be overwhelming.
Enter ERP software. Short for enterprise resource planning, ERP software allows you to manage all your vital business processes from a single platform. This gives you smooth data integration and transparency throughout your business—so everyone from your supply chain management to your project management team can access the information they need to do their jobs.
Intrigued? We’ve explained everything you need to know about ERP inventory management in the article below.