What is ERP?
ERP stands for Enterprise Resource Planning, is a business process management software that allows an organization to use a system of integrated applications to manage the business and automate many back-office functions related to technology, services, and human resources.
A well-designed ERP solution can process any type of transaction from every department in a single, integrated solution. It can track business operations in real-time and provide timely, accurate information to business managers.
ERP system includes:
Finance & Accounting
Supply Chain Management
Forecasting
Manufacturing
Distribution
Purchasing & Material Planning (MRP)
Customer Relationship Management (CRM)
Vendor Relationship Management
Quality Control
Inventory
Service
Sales
Reporting