What is
Enterprise Resource Planning (ERP)
?
Enterprise Resource Planning (ERP) Definition
Enterprise Resource Planning, also known as ERP, is a business management software that functions as a central hub for data and information within a company. With ERP, businesses can integrate their different departments and processes, such as finance, human resources, inventory management, and marketing, into one system. This makes it easier for companies to monitor and manage their resources, improve efficiency, and make informed business decisions.
ERP is especially useful for large organizations that have complex operations and require seamless collaboration between different departments. With the help of ERP, businesses can optimize their processes, reduce costs, and stay ahead of their competition.