ERP Involves Software That Is Used to Manage and Coordinate

question 11

True/False

ERP involves software that is used to manage and coordinate all the resources,information,and functions of an organization from a shared database.

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Definitions:

Compensation Administration

The process and policies involved in determining, distributing, and managing the compensation of employees within an organization.

Necessary Information

The crucial data or knowledge required to perform a task, make a decision, or understand a situation.

Pay Calculations

The process of determining the appropriate amount of compensation for employees, based on factors like hours worked, performance, and job level.

Automating

The process of using technology to perform tasks without human intervention, often to increase efficiency and reduce errors.