Flawless Co$.$ has perfected its range of high$-$end skincare products along with a successful marketing and sales strategy. However, all this research and development and strategy costs money. It falls to the finance department to dig through the haphazardly kept financial records of each department and track down key information. The financial managers have become frustrated at the roadblocks that stand in the way of creating timely and accurate reports to inform future strategy and investments, and company management has become suspicious about the accuracy of their recommendations. How could an ERP module improve the workflow of the finance department at Flawless Co$.?$

It could lower costs for various departments and make the finance department$$s job easier since there would be fewer expenses to track.

It could access real$-$time data from other departments in a single location, reducing the time and frustration involved in collecting financial information.

It could reduce the need for collaboration and interaction between departments, improving the accuracy of financial data handled only by finance experts.

It could automatically invest in new projects that would be financially beneficial, bypassing management scrutiny.