CRM in ERP
ERP ( enterprise resource planning) systems play a crucial role in helping businesses overcome complexities. ERP solutions provide management the information they need for accurate forecasting and planning business strategies related to inventory procurement, logistics and production. ERP and CRM are both b usiness applications that store and analyze data in a relational database . Both are delivered either through a traditional on-premises model or through software as a service (SaaS), where the vendor manages the software in its own data center and customers access it through the cloud. As part of ERP, CRM is one of the five ERP pillar s , with the other four pillars being financial accounting, distribution or supply chain management, manufacturing and human resources/payroll. CRM involves different participants and has the ability to manage these participants. ...