Enterprise resource planning (ERP) is an integrated, computer-based system used to manage the internal and external resources of an organization, including physical assets, financial resources, materials, and human resources.
The purpose of ERP is to facilitate the flow of information between all business functions inside the boundaries of the organization and manage the connections to outside stakeholders. This can include planning and financial management, manufacturing, inventory management, distribution and supply chain management, order tracking, sales and marketing, customer services and customer relationship management (CRM), and human capital management.
- Knowledge is power
ERP enables you to understand what is going on in every part of your business.
- Time is money
ERP streamlines enterprise business processes, eliminating time wastage and reducing costs.
- It's good to talk
ERP prevents the mentality, enabling all parts of your business to work together more transparently and effectively.
- The bottom line
ERP is proven to yield valuable Return On organizational Investment.