Enterprise Resource Planning (ERP)
Enterprise Resource Planning (ERP) is a method used by businesses to manage their essential business processes. Business processes such as sales, supply chain management, inventory management, human resources management, customer relationship management and many more crucial processes can be streamlined and integrated with the help of ERP software.
Centralising company processes, businesses may boost their efficiency and facilitate better teamwork and cooperation. With ERP software, businesses can see how their production or distribution, finances and back-office operations are performing at any given time. These comprehensive systems serve as the nerve centre for all processes and information. Information captured by ERP systems can be easily tracked to check that all steps are being properly implemented.