What is ERP?

ERP (Enterprise resource planning) is a business suite with number of applications that are integrated together and assist an organization in collecting, managing and reporting information throughout the business process.

1.     It's a very simple concept managing each area of your business efficiently.

2.     Enterprise Resource Planning systems cover all basic functions of an organization.

3.     ERP Systems support business or enterprise through the organizing, planning, maintaining, tracking and utilization of organization resources.

4.     ERP is gate way to integrate the data and processes of an organization into single system

5.     It a type of software in current industry.

6.     The ERP package is designed to support and integrate almost every functional area of a business process.

7.     An Enterprise resource planning system is a fully integrated business management system covering functional areas of an enterprise like

a.     Logistics

b.     Production

c.      Finance

d.     Accounting

e.     Human Resources.

8.     It organizes and integrates operation processes and information flows to make optimum use of resources such as

a.     Men

b.     Material

c.      Money

d.     Machine.

9.     Enterprise resource planning promises

a.     one database

b.     one application

c.      one user interface

ERP Flow: