Exercises · Q5
Q.Describe any four important modules of an ERP system.
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Start your 14-day free trial to unlock the full solution →An ERP system is built from modules, each handling one business function while sharing the common central database. Any four of the following:
- Finance and Accounting module — the heart of ERP; manages the general ledger, accounts receivable and payable, cash/bank, budgeting, taxation, and financial reporting (balance sheet, profit-and-loss).
- Human Resources (HR) module — manages employee records, recruitment, attendance and leave, payroll, training, and performance appraisal.
- Production / Manufacturing module — manages the bill of materials, production planning and scheduling, shop-floor control, and quality control.
- Supply Chain Management (SCM) module — manages procurement (purchasing), inventory and warehouse management, order processing, and logistics/distribution.
- Sales and Distribution / Customer Relationship Management (CRM) module — manages enquiries, quotations, sales orders, invoicing, dispatch, after-sales service, and customer history. …
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