Enterprise resource planning (ERP) is an integrated management platform for business processes, delivered using software and technology. ERP systems often represent real-time data and help the organization visualize and summarize the current status of an organization from multiple perspectives.
Some common ERP modules
- Customer Relationship Management (CRM)
- Sales & Marketing
- Procurement (SRM)
- Engineering / Production
- Supply Chain Management (SCM)
- Finance & Accounting
- Human Resource Management (HRM)
- Project Management
Benefits of using Enterprise Resource Planning Software
- Increase in productivity
- Promotes collaborative culture
- Strict data protection
- Enhanced legal and industrial compliance
- Insightful business forecasting