Enterprise Resource Planning System(ERP), just by considering name we can simply define ERP as System or software that used to manage all the resources of whole enterprise. Right from employee payments to single screw coming into the enterprise , everything can be managed & tracked by using ERP Systems. ERP is a cross functional software that supports all the business processes within the organization. In organization , ERP helps to manage business processes of various departments & functions through centralized application. We can make all the major decisions by screening the information provided by ERP.
Today, ERP has expanded to encompass business intelligence (BI) while also handling "front-office" functions such as sales force automation (SFA), marketing automation and e-commerce. With these product advancements and the success stories coming out of these systems, companies in a broad range of industries—from wholesale distribution to e-commerce—use ERP solutions.
When you search for "ERP" on the web, the sheer amount of information that comes up can be overwhelming—not to mention a little confusing. Every website seems to have its own definition of ERP, and one ERP implementation can vary widely from the next. These differences, however, underscore the flexibility that can make ERP such a powerful business tool. To get a deeper understanding of how ERP solutions can transform your business, it helps to get a better sense of what ERP actually is and how it works. Here's a brief introduction to ERP and why it seems like everyone's talking about it.