For long, integrating myriad business processes to reduce cycle time and improve productivity has been a key feature of ERP systems. But with changing business landscape and onslaught of digital mediums, enterprises have to weigh older ERP system to ascertain if it still has the capabilities to meet modern challenges. Furthermore, business leaders of today are often required to make faster decisions with fewer errors than their predecessors. ERP systems are no longer confined to legacy systems of shared database supporting multiple business functions among employees. Enterprises today have greater expectations from modern ERP like CRM integration for improved customer service, BI for strategic decision making, and add on customizable features to meet their unique business requirements. With the shift in technology, customer behavior and vendor relationship, enterprises need ERP systems that allow constant upgrade for enhanced functionality to stay relevant in the business.
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