Discuss key strengths of using ERP in an organisation.

The key strengths of using ERP in an organization are: ERP provides support for imbibing best business practices in the business operations. An ERP system eliminates repetitive processes and greatly reduces the need to manually feed the data. The system also streamlines business processes and makes it easier and efficient for companies to collect data. ERP enables implementation of the practices with a view to enhance productivity. It empowers the organization to standardize the business process and thus reduce wastage of resources. Instead of having data distributed throughout a number of separate databases, all information is located in a single location. Data is thus kept consistent and up-to-date. It helps in transforming the enterprise functions to be agile, cost-effective and focused on supporting the business objectives. It facilitates the organization in making prompt and effective management decisions. It allows organization in providing better customer service thus helps in gaining competitive advantage.