Typical ERP system integrates the use of more computer software and hardware components. Key element of most ERP systems is using united data base, depositing various data for different system modules. ERP development started in early 90-ties, and is the modern business tool which can not be exchanged.
ERP follows all resources in real time, i.e. every move is registered in the moment of happening, so manager can have a report in every moment, which like internet portal gives actuality and event review.
With ERP system implementation, the management can follow all costs as they arise, and continuously „adapt” the business activities, what is big advantage related to classic business bookkeeping, where you can react only after certain time and finished reports.