Erp Defination

1. Advertising: Identifying channels that will be most effective, cross-selling and up-selling opportunities, and furbish up decisions on promoting or avoiding certain(prenominal) products or market segments. 2. Analytics: A type of business intelligence that uses advanced statistical assembling including predictive modeling, optimization and forecasting. 3. Association: 4. Application outsourcing: A bestow a hop of IT outsourcing in which the host maintains the software on their servers and licenses it to many unlike companies on a subscription basis over the Internet. 5. Back-office carcass: handed-down ERP systems that backing transactional processing and operational support for activities that were not panoptical to the customer including accounting, human resources, and operations. 6. Baseline effect measure: capital punishment measures taken before the ERP system is implemented. 7. Chief Knowledge military officer: Leader at bottom an organization responsible for capturing and exploiting the firms knowledge by overseeing its Knowledge Management efforts. 8. Contact: identify Lead. 9. Contact-to-contract-to-cash: Composed of the quest activities: contact to contract, quote to cash, and order to cash. It is likewise known as the sales or revenue cycle. 10.

Cross-selling: The outline of pushing modernistic products to current customers based on their preceding(a) purchases. 11. Customer order: The put down that begins the fulfillment process of pick, accept and ship. 12. Customer relationship centering (CRM): Software that focuses on customers and strength customers allowing the compa ny to driver revenue growth and reduce sales! -related expenses. 13. military issue: A spirit in a business process. 14. essence monitoring: When certain events happen, CRM users are notified. For instance, when a customers purchases reach a certain amount, gift cards and mail-clad to the customer as a reward. 15. Explicit knowledge: randomness that can be easily documented and codified and stored in...If you regard to get a full essay, order it on our website: OrderEssay.net

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