Business Jargon Decoder Entries

Data & Technology

API

Application Programming Interface, known as API, allows different softwares to communicate and work together.

Automation

Automations use technology to handle tasks like emails, scheduling, and invoicing, saving time, reducing errors, and boosting efficiency.

CRM

CRM (Customer Relationship Management) is a system for managing interactions with customers, helping businesses improve relationships, retention, and sales.

ERP

ERP (Enterprise Resource Planning) is software that integrates core business processes, such as finance, HR, and supply chain, into a unified system for efficiency.

Field

Fields are individual data categories in a form or database, where specific information (like name, email, or address) is entered and stored.

Integration

Integration is the process of connecting different systems or software to work together seamlessly, sharing data and improving efficiency across operations.

KPIs

KPIs (Key Performance Indicators) are measurable values that track a business’s progress toward its goals, helping evaluate success and guide decision-making.

Migration

Data migration is the process of transferring data between storage systems or formats, ensuring seamless integration and minimal disruption during the move.