Enterprise Resource Planning (ERP) is a type of software that helps businesses manage and integrate their core processes. It allows companies to streamline operations by combining various functions like finance, human resources, and supply chain management into a single system. This integration helps improve efficiency, reduce costs, and provide better insights into business performance. By using an ERP system, organizations can easily share information across departments, leading to better collaboration and decision-making. Popular ERP solutions, such as SAP and Oracle, offer customizable features that cater to different industries, making it easier for businesses to adapt and grow in a competitive market.