First Entry
One major advantage of an ERP system is that it provides information on a real-time basis. So management can always be sure that the data reported by the system is the current state of affairs for the entered data.
A disadvantage is caused by management not understanding or appreciating the phrase '... for the entered data.', believing that the data is entirely correct, when in fact the data is incomplete in some way. Making decisions on such incomplete data can cause problems, even severe financial loss.


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