what is erp application

Enterprise Resource Planning (ERP) is a type of software system that integrates and manages an organizations main business processes, often in real-time and mediated by software and technology. ERP systems help automate and manage core business processes such as accounting, procurement, project management, risk management, compliance, supply chain operations, human resources, manufacturing, and more. These systems are designed to provide insights and internal controls by drawing on a central database that collects inputs from various departments within an organization. ERP software is critical for companies across industries and of all sizes, as it unifies people, core business processes, and technology across an organization, enabling leaders to monitor the pulse of a company using a single vision of reality.