What are the benefits of Enterprise Resource Planning?

Designed to integrate information flows seamlessly in cross-functional business processes Based on modules, which enable prioritised acquisition, we can basically pick modules which fits out needs. (Fx. Purchase, sales, inventory.) Centralised database, reducing redundant data Reflect (industry) best practices, but can be adapted to the needs of the organisation Continuously evolving to fit the needs of the market Long-term relationships with the software vendor enabling partnerships instead of customer/supplier-perspective