ERP is short for enterprise resource planning.
Enterprise resource planning (ERP) is 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. ERP software integrates all facets of an operation, including product planning, development, manufacturing, sales and marketing.
ERP software is considered an enterprise application as it is designed to be used by Small & Larger businesses industry you work in. ERP software typically consists of multiple enterprise software modules that are individually purchased, based on what best meets the specific needs and technical capabilities of the organization. Each module is focused on one area of business processes, such as product development or marketing. A business can use ERP software to manage back-office activities and tasks including the following:
Distribution process management, supply chain management, services knowledge base, configure, prices, improve accuracy of financial data, facilitate better project planning, standardize critical business procedures, reduce redundant tasks, assess business needs, accounting and financial applications, lower purchasing costs.
ERP modules include those for product planning, material purchasing, inventory control, distribution, accounting, marketing and finance.