What does it mean when an ERP system has automation of routine business processes? Select answer from the options below Best practices within the software infrastructure for accounting, payroll, inventory management, and purchasing are in place. The collection, analysis, and reporting of business data is simplified which leads to improved business decisions. There is a continuous collection, analysis, and reporting of business data to benchmark the business against its competitors. That the long-term costs may be less as a result of owning one system, as opposed to multiple systems