What is ERP ?

ERP stands for Enterprise Resource Planning. ERP is a software system which is used to

integrate the data and processes of an organization into one single software system. Usually

ERP systems will have many components including hardware and software, in order to achieve

integration of different departments of big company or organization.
Advantages of ERP Systems

1. Totally integrated system
2. Good bility to share data across various departments in an organization
3. Improved efficiency and productivity levels
4. Better tracking and forecasting with MIS reports.
5. Costs reduction.
6. Better customer satisfaction.
ERP System generally consists modules :
1. Sales.
2. Purchase.
3. Production.
4. Payroll.
5. HR.
6. Inventory.
7. Finance.