The integrated management of key business activities, frequently in real time, is known as Enterprise Resource Planning (ERP). ERP is commonly referred to as a class of business management software that allows a company to gather, store, manage, and understand data from several business activities. It is typically a suite of interconnected applications. ERP systems may operate locally or in the cloud. Due to the ease with which information is now accessible from any location with Internet access, cloud-based apps have increased in popularity in recent years. Traditional on-premise ERP solutions are increasingly viewed as being in the past-tense.
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