ERP stands for Enterprise Resource Planning. This is business process management software that makes it possible for an organization to use a system of integrated applications in the management of the business as well as the automation of several back office functions that pertain to technology, human resources and services. One of the key reasons why businesses of all sizes use ERP is because it integrates all phases of an operation. This includes product planning, manufacturing, development, marketing and sales. All this is integrated into one single database, user interface and application.
So, why should you consider spending money in an ERP? Here are some key benefits you will get from using an ERP software.