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GlossarySystem

Enterprise Resource Planning (ERP)

Integrated software that manages core business processes — finance, HR, manufacturing, supply chain, procurement, and more. Major vendors include SAP S/4HANA, Oracle ERP Cloud, and Microsoft Dynamics 365.

Key Benchmarks

Implementation time: 6-18 months
TCO: $500K-$50M+
ROI timeline: 2-5 years

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