What is ERP?

ERP definition:

What is ERP is Information Technology?

ERP stands for Enterprise Resource Planning.

Enterprise: It is nothing but a Business or a Company.

Resource: A process that can drawn on a person or an organization which is related to stock or supply of materials, goods, money and other assets.

Planning: We all do planning to do our daily works, In ERP it stands for the same i.e. a process of making plans for something.

ERP System

• As you can find from the above definition we can say that ERP is business process management software which is bundled with many modules to support daily enterprise operations related to technology.
• ERP software integrates and automates all the business activities such as accounting; purchase orders, operations scheduling, inventory management, order management, Billing, fixed assets, suppliers and etc.
• Each module in ERP software is designed to meet the expectations of clients; here are some of the modules related to Oracle applications.

•          Oracle CRM,
•          Oracle Human Resources (HRMS),
•          Oracle Financials,
•          Oracle Supply Chain Application,
•          Oracle Logistics,
•          Oracle Order Management.

Few of ERP systems are:

•  NetSuite
• Epicor
• Oracle Applications,
•  Infor
• Siebal,
• JDEdwards,
• PeopleSoft,
• SAP,
• Microsoft dynamics.

Top ERP Providers:

•         Epicor                 Over 20,000 Customers, 140+ countries
•         Infor                    Over 70,000+ Customers
•         Microsoft            Over 83,000 Customers
•         Oracle                 Over 37,000+ Customers
•         SAP                    Over 35,000+ Customers