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??????Let’s suppose there’s a enterprise that desires to buy a superb that you just promote. In this typical business-to-business (B2B) transaction, the ERP program permits your group to take the order while checking to see if there’s inventory in the stock ledger. Nevertheless it’s more than an order taking and inventory system. The ERP also allows for the timing and planning of fee requests. In this instance, when the order is fulfilled, the system can generate a request for payment by an bill and account for the payment through a cash receipt.

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7. Implementation: This step is finished when the info conversion is finished and the work of the database is over. After the configuration and testing is completed, the actual implementation is done. Once the new system is applied, the outdated system is eliminated. The end consumer is educated as to the way to use the … Read More