Jacob Korobko: In fact; when our company developed the first enterprise resource planning and management system, there was no such term as ERR This integrated software capable of controlling business processes in real-time marked the beginning of a new era. SAP literally founded the market in ERP systems. Initially ERPs were relatively "restricted" systems that only helped optimise the production process by connecting it to stock control, distribution, procurement, and so on. As new functionality appeared, it was understood that the system could be universal. Today ERP systems provide integrated management of the key aspects of financial, production and commercial activities of an enterprise covering manufacture, planning, finance and accounting, logistics, human resources management, distribution, inventory control and the provision of services. These systems provide a company's management with complete, up-to-date information which is essential for analysing and making management decisions and maintaining an effective data exchange with partners.
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