Question

Erp systems are initially set up to support ________ as opposed to supporting the reporting component

Answer 1

The ERP system is originally configured to handle the transactional component rather than supporting the reporting component.

What is the ERP System?

The ERP System is a form of software used by businesses to handle day-to-day business operations in a company such as finance, marketing, project management, regulatory risk management, as well as, supply chain management.

The primary goal of an ERP system is to improve organizational efficiency by controlling and improving how corporate resources are used. Therefore, the ERP system is originally configured to handle the transactional component rather than supporting the reporting component.

Learn more about the ERP System here:

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