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ERP stands for Enterprise Resource Planning. It is integrated software for all business processes of the organization. It has two major parts - software and its implementation. Enterprise Resource Planning software can be purchased by ERP companies and implementation can be done by either Company or vendor; ERP vendor provides services and consultancy to the organizations. Before implementation of an ERP system organization needs to take consultancy by industry experts. ERP implementation is quite important for the organization, but implementing successfully is a major challenge and organization must have proper road map for the implementation. If one has failed to make proper blueprint for the implementation, the chances of failure implementation will be high.
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