A suite of integrated software modules for finance and accounting, human resources, manufacturing and production, and sales and marketing that allows data to be used by multiple functions and business processes best describes
A) SCM software.
B) ERP systems.
C) ERM software.
D) CRM modules.

Question

Quizplus · Accepted Answer

ERP systems (Enterprise Resource Planning) are designed to integrate all aspects of a business's operations, including finance and accounting, human resources, manufacturing and production, and sales and marketing. This allows for data to be used by multiple functions and business processes for more efficient and effective decision-making. SCM software (Supply Chain Management) focuses more specifically on the management of the supply chain, ERM software (Enterprise Risk Management) focuses on managing risks to a business, and CRM modules (Customer Relationship Management) focus on managing customer interactions and relationships.

A Suite of Integrated Software Modules for Finance and Accounting