What is Enterprise Resource Planning Software?

An Enterprise resource planning software (ERP) is a type of software used by organisations to manage day-to-day business activities such as accounting, project management, compliance and supply chain operations. An ERP suite that also includes enterprise performance management can also aid in budgeting and reporting in terms of an organisation’s financials. An ERP system typically has a common database that ensures that the information used across the enterprise is normalized and based on common definitions.

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