What are third party products and why are they needed?
What will be an ideal response?
Third party products are add-ons or sometimes called ERP bolt-ons which are intended to provide additional or missing functionality that is not part of the ERP package. For example, some companies will purchase an RFID bolt-on to expand their ERP system. These packages can be either purchased or developed in-house and may include operational software to help distribute reports or enforce better security.
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