What Does Enterprise Resource Planning (ERP) Mean?
Enterprise resource planning (ERP) is a method of efficiently utilizing people, hardware and software to increase productivity and profit, thus simplifying a company’s business processes. ERP may include many software applications or a single (but more complex) software package that smoothly disseminates data required by two or more unique business departments.
Techopedia Explains Enterprise Resource Planning (ERP)
The need for enterprise resource planning (ERP) software grew with big business’ mandate for a centralized solution to manage all information system requirements. An ERP may consist of many different business modules, including:
