Enterprise Resource Planning (ERP) is a type of software that organizations use to manage and integrate their core business processes. It helps streamline operations by consolidating data from various departments, such as finance, human resources, and supply chain management, into a single system. This integration allows for better decision-making and improved efficiency.
By using ERP systems, companies can automate routine tasks, track performance metrics, and enhance collaboration among teams. This leads to reduced operational costs and increased productivity, ultimately helping businesses respond more effectively to market changes and customer needs.