Question: What do Enterprise Resource Planning systems do?(one answer is the best answer) Manages accounting data and financial processes within the enterprise with functions such as

What do Enterprise Resource Planning systems do?(one answer is the best answer) Manages accounting data and financial processes within the enterprise with functions such as general ledger, accounts payable, accounts receivable, budgeting, and asset management. Integrates all departments and functions throughout an organization into a single IT system for integrated set of IT systems) so employees can make decisions by viewing enterprise wide information about all business operations. Tracks employee information, including payroll, benefits, compensation, and performance assessment, and ensures compliance with all laws. Handles production planning and execution tasks such as demand forecasting, production scheduling, job cost accounting, and quality control.

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