Gone are the days of enterprise resource planning (ERP) software systems as unwieldy repositories of transactions and records. Even the savviest power ERP users had to know where to look for the information they needed to find. Any custom reports they developed and analyses they performed could only tell them that something had already happened, and perhaps why it happened.
ERP software users have traditionally spent too much time verifying the past. This involved time-consuming, tedious, and menial tasks. Think of batch processing, fiscal period closing, periodic audits, timesheets, purchase requisitions, travel and expense (T&E) reports, time and attendance (T&A) management, human resources (HR) benefits enrollment and administration, invoice management, opportunity and risk assessment, and more.