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Enterprise resource planning (ERP) is a software system that helps organizations streamline their core business processes—including finance, HR, manufacturing, supply chain, sales, and procurement—with a unified view of activity and provides a single source of truth.
In accounting, the acronym ERP stands for enterprise resource planning – which is a type of business management software. ERP finance modules offer many of the same features as accounting software, such as tools for accounts receivable and payable, general ledger, expense management, reporting and analysis, and more.
ERP stands for “enterprise resource planning.” ERP software includes programs for all core business areas, such as procurement, production, materials management, sales, marketing, finance, and human resources (HR).
11 Φεβ 2024 · Enterprise resource planning (ERP) refers to software solutions that help organizations manage and automate various business processes such as finance, accounting,...
SAP ERP is enterprise resource planning software developed by the German company SAP SE. SAP ERP incorporates the key business functions of an organization. The latest version of SAP ERP (V.6.0) was made available in 2006.
An Enterprise Resource Planning (ERP) system makes it possible for organizations to run within a single system their core processes for finance, manufacturing, human resources (HR), supply chain, services, procurement, and other key business functions.
An ERP system consists of software components, called modules, that each focus on an essential business function, such as finance and accounting, HR, production, materials management or customer relationship management . Organizations only use the modules they need to run their particular business.
