5 Ways ERP Simplifies Reporting

Most business applications are great at collecting and storing data. Standard operational processes use that data to offer more products and services to customers, do the billing, and keep track of collections. Most applications store more data than are ever used—in fact, much more data than are ever really looked at and analyzed.

Here are five ways a strong ERP system can simplify reporting and streamline management:

  1. Single Source of Truth
  2. Standard Chart of Accounts
  3. Self-Service Reporting
  4. External Reporting
  5. Combinations Made Easier

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