ERP is an industry acronym for Enterprise Resource Planning. Broadly speaking, ERP refers to automation and integration of a company's core business to help them focus on effectiveness & simplified success.
The Information Technology industry is renowned for its adoption of acronyms, which are often widely used, but not fully understood. The term 'ERP' itself is not self-explanatory and refers to the business software that has been designed to record and manage your enterprise data.
An ERP System automates and integrates core business processes such as taking customer orders, scheduling operations, and keeping inventory records and financial data. ERP systems can drive huge improvements in the effectiveness of any organization by: