What is the difference between core and extended ERP components?
What is the difference between core and extended ERP components?
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ERP (Enterprise Resource Planning) is a software solution that integrates different business processes and functions into a centralized system. There are two main components of ERP systems: core components and extended components.
Core ERP components are the essential modules that handle the most basic business functions, such as financial management, human resources management, and supply chain management. These modules are the foundation of the ERP system, and they are necessary for the system to operate.
On the other hand, extended ERP components are optional modules that enhance the core functionality of the system. These modules typically handle more specific business processes, such as customer relationship management, e-commerce, and product lifecycle management.
The main difference between core and extended ERP components is that the core components are essential to the ERP system's functioning, while the extended components are optional and provide additional functionality. Companies can choose to implement only the core components if they have basic business needs, or they can opt for extended components if they require more specialized functionality.
In summary, core ERP components are the fundamental modules that are necessary for the ERP system to operate, while extended ERP components provide additional functionality and are optional.