flâneur — a map of the web's best reading

Danswer - Open Source Workplace Search

danswer.ai · saved by 1 readers

This year, 1.4 million companies will spend $183 billion on enterprise resource planning software, commonly known as ERP. While nearly every large corporation has implemented some form of ERP system, smaller businesses often don’t invest in these solutions off the shelf, and most engineers probably haven’t seen them in the wild. So for those of us who haven’t used an ERP system… what’s the big deal? How does a company like SAP manage to generate $34 billion annually from ERP software? ERP systems is where companies store their core operational data. This includes everything from sales forecasts and purchase orders to inventory management, along with the processes that interact with this data, such as vendor payments when purchase orders are fulfilled. In a sense, ERP systems function as the “brain” of a company, housing critical data and enabling data-driven workflows. But before taking over the modern business world, how did ERP software get started? In the early days of business auto

Explore this link on the map →

saved by