ERP is beneficial because it transforms transactional data into information that can be used to support decision making.

Question

Quizplus · Accepted Answer

ERP systems collect and process data from various business functions such as finance, production, inventory management, and human resources. This data is transformed into meaningful and valuable information that can be used by managers to make informed decisions. ERP systems provide real-time access to important data, which helps managers to quickly identify issues and take corrective actions.

ERP Is Beneficial Because It Transforms Transactional Data into Information