During the 1990s, companies bought packaged software solutions such as SAP, Oracle ERP, PeopleSoft, JDEdwards, Siebel, Clarify, and so on. Although such packaged software solutions worked well ...

Lucas Downey is the co-founder of MoneyFlows, and an Investopedia Academy instructor. Katrina Ávila Munichiello is an experienced editor, writer, fact-checker, and proofreader with more than fourteen ...