Understanding ERP
Understanding ERP
ERP stands for Enterprise Resource Planning. ERP software can be defined as a complete business software solution that have a fundamental purpose to organize and integrate all the systems of entering data and processes connecting to business. ERP software is one of the most important tools for any enterprise that targets to synchronize its business efforts.
An ERP system can include software for manufacturing, order entry, accounts receivable and payable, general ledger, purchasing, warehousing, transportation and human resources. The major ERP vendors are SAP, PeopleSoft, Oracle, Baan and J.D. Edwards.
ERPs incorporate all data and processes of any business firm into a unified system. A typical ERP system will use several composite of computer software and hardware to achieve the blend. A sole factor of most ERP systems is the use of a cohesive database to store data for the diverse system elements.
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