What is ERP Software

ERP stands for Enterprise Resource Planning. Enterprise Resource Planning is a management software that efficiently allows for integration and smooth running of businesses.
Every company needs communication, cooperation, and the exchange of information between customers, vendors, and employees. Having your business work within one connected business system is the most effective way to ensure everything. ERP software is the key to increasing sales, improving productivity, providing product/service delivery, and focusing on customer satisfaction.

HOW IS ERP USED?

Companies use ERP software business systems to:

  • manage supply chain operations
  • organize business data
  • automate day-to-day operations such as:
    • production
    • sales
    • accounting
    • manufacturing
    • inventory management
    • accounts payable
    • accounts receivable
    • customer invoicing/payments
    • human resources

Depending on the industry an ERP business software system is built to service, features vary. Many business activities were previously delegated to other software applications or to manual/paper systems. Today, most ERP systems provide features for managing those activities.

WHO NEEDS ERP SOFTWARE?

Most businesses need inventory management, sales management, order management, warehouse management, and other management functionalities. ERP software provides a quick and seamless system that combines all of your business functions.

 

Back