What is Enterprise Resource Planning (ERP)?
ERP is a business management software which is designed to integrate and manage the core business processes of an organization. It collects, stores, manages and interprets data from a diverse range of business activities using a suite of integrated applications to streamline the whole process. This increases efficiency and cuts down human errors by automating the entire process. ERP consists of a customized suite of integrated applications that caters to the various departments of an organization like the administrative department, accounts, purchase, production, human resource, inventory, sales, customer relationship management to name a few. Nowadays companies from a diverse range of industries and of all sizes are transitioning to cloud ERP systems as they understand its benefits.
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