Why is it called ERP?

Why is ERP called ERP?

Enterprise resource planning (ERP) refers to a type of software that organizations use to manage day-to-day business activities such as accounting, procurement, project management, risk management and compliance, and supply chain operations.

What means ERP?

ERP stands for enterprise resource planning. It's software that manages a company's financials, supply chain, operations, commerce, reporting, manufacturing, and human resource activities.

What is another name for ERP?

There are a lot of synonyms for enterprise resource planning (ERP): financial suite, system software, basic operating system, business planning software, and so on.

What is the difference between ERP and ERP?

ERP II is the name now use to describe ERP. ... Difference between ERP and ERP II :ERPERP IIIt's process is internal and hidden.It's process is externally connected.Data is internally generated and consumed.Data is internally and externally published and subscribed.It is web-aware, closed and monolithic.It is web-based, open and componentized.