Enterprise Resource Planning (ERP) is a software that pools together customer relationship management, accounting, HR, warehouse management, inventory management and supply chain management functionalities under one roof. The software answers to the needs of an enterprise in entirety. Though it is more suitable for enterprise scale businesses but can also adapt to SMB environments.
It is available for both cloud and on premise deployment. ERP is a broad solution that seamlessly integrates various functions into a single system to organize and distribute information across the entire business. It achieves enhanced interdepartmental coordination and workflow productivity with features that include effective integrations, automation, data analysis, reporting, tracking and visibility.