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ERP definition - what does ERP stand for ?  

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(@dheeraj)
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Joined:1 year  ago
Posts: 65
November 13, 2017 8:00 am  

ERP definition - what does ERP stand for ?

Full Name of ERP is Enterprise resource planning

ERP is An Enterprise resource planning system is a fully integrated business management system covering functional areas of an enterprise like Logistics, Production, Finance, Accounting and Human Resources.

Enterprise resource planning (ERP)  organizes and integrates operation processes and information flows to make optimum use of resources such as men, material, money and machine. Enterprise resource planning promises one database, one application, one user interface for the entire enterprise, where once disparate systems ruled manufacturing, distribution, finance and sales.

Tags: ERP definition, ERP meaning, what is ERP , what is ERP system, ERP system definition, what does ERP stand for, ERP stands for, ERP application , what does ERP mean. Full name of ERP.


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(@dheeraj)
Member
Joined:1 year  ago
Posts: 65
November 29, 2017 10:25 am  

ERP helps improve information sharing, enhance business performance, and promote service efficiency

1. Allow companies to better understand their business.

2. Helps companies standardize business processes and more easily enact best practices.

3. More efficient processes enable companies to concentrate their efforts on serving their customers, maximizing profit, and building a competitive advantage.


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