What is an ERP?
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 and 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 have multiple benefits to help with overall business performance management for any organization providing intelligence, visibility, analytics, and efficiency across every aspect of a business. Giving you one source of the truth and enabling the digitalization of your business.