ERP stands for "Enterprise Resource Planning". It is a type of software system that allows businesses to manage and integrate their core business processes, such as accounting, procurement, inventory management, human resources, customer relationship management, and more.
ERP software typically provides a centralized database that can be accessed by different departments within an organization, allowing them to share information and collaborate more effectively. By integrating business processes and providing real-time visibility into operations, ERP systems can help businesses optimize their operations, reduce costs, and improve decision-making.
ERP software can be customized to meet the specific needs of different industries and organizations, and may be available as cloud-based or on-premises solutions. Implementation of an ERP system can be a complex and time-consuming process, but can ultimately lead to significant improvements in business performance and efficiency.
Electronic Data Interchange (EDI) is a computer-to-computer communication method used by businesses to exchange electronic documents in a standardized format.
CPM stands for "Cost per Mille" (also known as "Cost per Thousand"), which is a metric used in advertising to measure the cost of reaching one thousand impressions or views of an advertisement.
Free cash flow (FCF) is a measure of a company's financial performance that represents the amount of cash generated by the business after accounting for capital expenditures required to maintain or expand its operations.
