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What is an ERP System?

Enterprise resource planning is often shortened to ERP. It is commonly used in businesses as part of their operational management process. A range of different ERP software applications can be used by companies to integrate multiple processes into a single system. It encompasses multiple aspects of the business, including planning, manufacturing, procurement and finances, sales, […]

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4 Ways How Large Companies Handle Supplier Statement Reconciliation Processes

Businesses require to correctly match up the accounts payables and receivables with respect to different domains of business transactions. Sometimes accountants or tax officials might find mismatches in payment information between the ledgers of two companies that deal with each other. The type of error could be a discrepancy caused by human error or even

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