| Cash-to-cash cycle time | The average number of days that it takes a business to convert cash spent for raw material and other resources into cash inflows from sales.
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| Cloud computing | A term that refers to delivering hosted ERP services over the Internet. This can significantly reduce the cost of ERP.
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| Data warehouse | A special program that is designed to automatically capture and process data for uses that are outside the basic ERP system applications.
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| Decision support | This is the ability of the system to help a user make intelligent judgments about how to run the business.
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| Enterprise resource planning (ERP) | A computer system that integrates application programs in accounting, sales, manufacturing, and the other functions in a firm. This integration is accomplished through a database shared by all the application programs.
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| Real time | As soon as a transaction is entered the effect is known by all users of the system.
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| Transaction processing | This is the posting and tracking of the detailed activities of a business.
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