ERP software can provide you the ability to consolidate solutions and data into a single system, making it possible to reduce the manual work required for activities like performing a month-end close. A centralized ERP has the innate ability to accommodate growth, where-as trying to use disparate systems to manage inventory, sales, and track costs may not be scalable. Advanced production planning and scheduling can be accomplished with an ERP system where a single source of data is used to drive business decisions. ERP can improve compliance with regulatory standards and reduce the risk of product recalls. Customer experience can be greatly improved by providing a single source of billing, order management, and relationship tracking. Improved inventory management can be realized with lot tracking and traceability capabilities throughout the supply chain.