Enterprise Resource Planning (ERP) software is a type of integrated management system that helps organizations streamline their business processes. It combines various functions such as finance, human resources, supply chain, and customer relationship management into a single platform, allowing for better data sharing and collaboration across departments. By using ERP software, companies can improve efficiency, reduce operational costs, and enhance decision-making through real-time data analysis. This centralized approach enables businesses to respond quickly to market changes and customer needs, ultimately leading to increased productivity and growth.