What is ERP in simple terms?

What is ERP and how does it work?

ERP is an acronym that stands for “Enterprise Resource Management”, the consolidated process of gathering and organizing business data through an integrated software suite. ERP software contains applications which automates business functions like production, sales quoting, accounting, and more.

What is a ERP example?

ERP products like Netsuite, SYSPRO, and Epicor allow users to automate time-consuming daily tasks. Instead of losing time each day completing repetitive needs or running reports from multiple systems, you can focus more of your time on your people and your most pressing business needs.

What is ERP in a nutshell?

ERP (or Enterprise Resource Planning) is a category of software that manages the various functions across your business, in one system. Take a step back and think about all the processes that are essential to running your business – accounting, sales, inventory, purchasing, manufacturing, service, etc.

What is the main role of ERP?

Primary Functions of ERP As the name suggests, ERP's primary goal is to manage the various resources within the company to make sure they are being utilized in a cost-effective way.