Enterprise Resource Planning (ERP)

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ERP

An ERP (Enterprise resource planning) is software that organizations use for managing such day-to-day activities as accounting, procurement, project management, risk management, and compliance, as well as supply chain management.

Enterprise Resource Planning . (ERPs )fall into four categories: box ERPs, large-scale ERPs, intermediate and flexible ERPs, and industry-specific ERPs. By categorizing ERP systems, we can better understand the current state of the market.

Basic Features Of ERP

    Integration. Data silos lead to inefficiency, missed opportunities and departments working at cross-purposes.

  • Automation.
  • Data analysis.
  • Reporting.
  • Tracking and visibility.
  • Accounting.
  • Financial management.
  • Customer relationship management (CRM)