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An ERP system typically performs the following functions:

 Supports the integrated business process inside the organization.

  Improves capital planning and helps in executing organizational plans and strategies.

 Helps speed up the decision-making process over the analysis of accurate data.

  Helps extend the business network to wider domains, expanding the products and services to reach more customers, suppliers, and partners.

 Identifies operational risks to improve governance.

 Provides protection against organizational data breaches and security threats to leakage of information.

 Makes the organization adaptable to the rapid changes in the business process according to the needs.

 Gives long-term profit by providing means to increase the customer base.

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