What is enterprise resource planning (ERP)?

Enterprise resource planning (ERP) refers to a type of software that organizations use to manage day-to-day business activities such as accounting, procurement, project management, risk management and compliance, and supply chain operations.

What is ERP in simple terms?

ERP stands for enterprise resource planning. It’s a software system that includes all the tools and processes required to run a successful company, including HR, manufacturing, supply chain, finance, accounting, and more.

What is ERP software & how does it work?

ERP software can include capabilities for procurement, supply chain management, inventory, manufacturing, maintenance, order management, project management, logistics, product lifecycle management, risk management, enterprise performance management (EPM), human resources/human capital management.