ERP Development: Opportunities and Challenges in the Modern Business Landscape

Businesses today are rapidly adopting Enterprise Resource Planning (ERP) systems, with market growth projected to reach $78.40 billion by 2026. ERP systems integrate essential business functions, such as finance, human resources, and supply chain management, into a unified platform. This integration enhances efficiency, promotes collaboration, and gives decision-makers valuable insights. However, alongside these significant opportunities, various challenges persist in the development and implementation of ERP systems.