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Module

The term module refers to a piece of computer code that provides a specific functionality in a complex software program. For instance, software applications intended for business use, such as enterprise resource management (ERP) programs, typically contain various modules that each perform unique business functions. ERP solutions typically include finance and accounting, procurement, manufacturing, inventory management, order management, customer relationship management, human resource management, eCommerce, and marketing automation modules that help companies streamline their business operations.

What Small and Midsize Businesses Need to Know About Module

Small and midsize tech companies that develop complex software solutions often make these programs using a modular design. Modularity in product design allows software developers to easily customize their solutions to individual customer needs and preferences, which is key to staying ahead of the competition. Modularly designed solutions are also more cost effective for smaller corporations with limited budgets because they can be quickly assembled and released into the market, decreasing the time and monetary resources spent on the development process.

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