ERP stands for Enterprise Resource Planning and refers to a type of software that organization use to manage day to day business activities such as:
– Accounting – Project management, – Procurement, – Supply chain operations, – Risk management and compliance
– Performance management, – Future Plans, – Budget, – Predict and – Report on an organization’s financial results.
Enterprise Resource Planning systems are complete, integrated platforms, either on premises or in the cloud.
ERP system is managing all aspects of the production based or distribution businesses.
ERP systems also provide transparency into your complete business process by tracking all the aspects of production, logistics, and financials.
ERP system acts as a business’s central hub for end-to-end workflow and data, allowing a variety of departments to access.
ERP systems and software support multiple functions across the enterprise, mid-sized or small businesses, including customizations for your industry.