Examlex
Which one of the following statements is CORRECT?
ERP III
The third generation of Enterprise Resource Planning software, focusing on extending traditional ERP systems to connect with the internet, e-commerce, and other external operations.
ERP
Organizations leverage Enterprise Resource Planning software to handle everyday business tasks such as accounting, procurement, project management, and manufacturing.
FAIS
Financial Accounting Information System (FAIS) is an information system that collects, processes, and stores financial data to provide key financial information to internal stakeholders.
CRM
Customer Relationship Management, a strategy and software that businesses use to manage and analyze customer interactions and data throughout the customer lifecycle.
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