How can ERP software improve collaboration with external stakeholders, such as suppliers and customers?
ERP software improves collaboration with external stakeholders by streamlining and automating key processes, providing a centralized platform for communication and data sharing. It enables real-time visibility into supply chain, inventory, and customer information, allowing suppliers and customers to access and exchange data efficiently. ERP’s integrated modules facilitate smooth order processing, inventory management, and customer service, ensuring timely and accurate fulfillment of orders. Additionally, ERP software offers features like supplier portals, customer portals, and electronic data interchange (EDI) integration, making it easier for stakeholders to collaborate and exchange information securely.
November 9, 2023