ERP Software modules can help an organization's administrators monitor and manage supply chain, procurement, inventory, finance, product lifestyle, projects, human resources and other mission-critical components of a business through a series of interconnected executive dashboards. At its most basic level, ERP software integrates these various functions into one complete system to streamline process and information across the entire organization. The central feature of all ERP systems is a shared database that supports multiple functions used by different business units. In practice, this means that employees in different divisions - for example, accounting and sales - can rely on the same information for their specific needs.
ERP software also offers some degree of synchronized reporting and automation. Instead of forcing employees to maintain separate databases and spreadsheets that have to be manually merged to generate reports, some ERP solutions allow staff to pull reports from one system. For instance, with sales orders automatically flowing into the financial system without any manual re-keying, the order management department can process orders more quickly and accurately, and the finance department can close the books faster. Other common ERP features include a portal and dashboard to enable employees to quickly understand the business' performance on key metrics
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