Enterprise Resource Planning (ERP)

Refers to enterprise systems and software used to manage day-to-day business activities, such as accounting, procurement, project management, inventory, sales, etc. Many businesses have several ERP systems, each managing data about products, locations or assets, for example. A comprehensive MDM solution complements an ERP by ensuring that the data from each of the data domains used by the ERP is accurate, up-to-date and synchronized across the multiple ERP instances.


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