collection management and examples of software to be used.pptx

it is collection management

1. TP : International collection management

2. What is ERP? Enterprise Resource Planning (ERP) refers to a type of software that organizations use to manage day-to-day business activities such as accounting, procurement, project management, risk management, enterprise performance management, software that helps plan, budget, predict, and report on an organization’s financial results and compliance and supply chain operations.  ERP systems tie together a multitude of business processes and enable the flow of data between them. By collecting an organization’s shared transactional data from multiple sources, ERP systems eliminate data duplication and provide data integrity with a single source of truth.

3. Evolution of MRP/ERP Source: https://finbyz.tech/evolution

4. ERP Vs. MRP Source: mrp vs erp - Bing images

5. Customer relationship management (CRM) is the combination of practices, strategies, and technologies that companies/retailers use to manage and analyze customer interactions and data throughout the customer lifecycle. The goal is to improve customer service relationships and assist in customer retention and drive sales growth. Customer relationship management (CRM) CRM systems can also give customer-facing staff members detailed information on customers' personal information, purchase history, buying preferences, and concerns.

6. Merits of CRM Software systems can make sense of huge amounts of data Simplifies complex business processes CRM can be used at two different levels On-demand On-premises Demerit of CRM Requires companywide commitment and knowledge to use the CRM system Failure to effectively reorganize firm’s people and processes to take advantage of benefits a CRM system offers 6

7. Web-based Enterprise Resource Planning Software Bitrix24 Bitrix24 is a free cloud & open source Archipelia Dedicated to SMEs and mid-cap companies Awery ERP Awery ERP helps aviation businesses Axelor Axelor is a cloud-based business FURIOUS Your autopilot for success and profitable growth.

8. Odoo is an all-in-one business software including CRM, website/e-commerce, billing, accounting, manufacturing, warehouse and project management, and inventory.