Third-party products refer to add-on software components designed to either make the system operational or to add missing functionality.
These products can be either purchased or developed in-house.
Functionalities of Third-Party Products
Operational software may enable the new ERP system to:
Distribute reports.
Permit a single user ID and password.
Enforce a higher level of security.
Improve system performance monitoring.
Integration Considerations
Although these systems are not necessarily integrated with the ERP system, the data or services need to work with the system on a regular basis and must operate seamlessly.
Example
An example of a third-party product is an advanced marketing add-on used to track comments, monitor trends, or share updates.