What is Enterprise Resource Planning (ERP)?
Enterprise Resource Planning (ERP) is a comprehensive and integrated software system that organizations use to manage and streamline their day-to-day operations. These systems are designed to handle various business processes, including product management, procurement, accounting, supply chain management, inventory, purchasing, finance, and human resources, all from a unified platform.
ERP software plays a critical role in helping organizations optimize resource planning and improve efficiency by centralizing processes into a single system. Over time, ERP solutions have advanced significantly and have become indispensable in modern business operations. Today, cloud-based ERP platforms are widely adopted, offering enhanced flexibility and simplifying business management for organizations.