Business apps · Definition

What is ERP (enterprise resource planning)?

ERP is business software that runs core operations, such as accounting, purchasing, inventory, sales and projects, from one shared database. Everyone works from the same numbers instead of separate spreadsheets and tools.

Why it matters for your business

A good ERP removes double entry, gives leadership real-time figures and makes growth easier, because processes and data live in one system.

Example

When a sales order is entered, the ERP reserves stock, updates the forecast and creates the invoice without anyone re-typing it.

Related terms

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