Enterprise resource allocation can also help improve reporting and accuracy. In fact, ERP encourages:

Location of all data in a single database where it is easily accessible.
Reduction or elimination of reliance on paper documents.
Elimination of re-keying of data (which can produce errors).
Integration of reports; sales, financial, and manufacturing reports can be viewed in conjunction.
Improved monitoring capability enabling management to view departmental data instantly.
A single interface allowing users to easily use and interpret reports all through the same ERP software system.




	Advantages
	Installing ERP system has many advantages- both direct and indirect. The direct advantages include improved efficiency, information integration for better decision making, faster response time to customer queries, etc. The indirect benefits include better corporate image, improved customer goodwill, customer satisfaction, and so on. The following are some of the direct benefits of an ERP system Business Integration Flexibility Better Analysis and Planning Capabilities Use of Latest technology.
	Enterprise resource allocation can also help improve reporting and accuracy. In fact, ERP encourages: Location of all data in a single database where it is easily accessible. Reduction or elimination of reliance on paper documents. Elimination of re-keying of data (which can produce errors). Integration of reports; sales, financial, and manufacturing reports can be viewed in conjunction. Improved monitoring capability enabling management to view departmental data instantly. A single interface allowing users to easily use and interpret reports all through the same ERP software system.