Enterprise Resource Planning Systems (ERPs) are integrated software platforms that help organizations manage and automate various business processes. They centralize data from different departments, such as finance, human resources, and supply chain, allowing for better coordination and decision-making.
By using ERPs, companies can streamline operations, reduce costs, and improve efficiency. These systems provide real-time insights into business performance, enabling managers to respond quickly to changes in the market or internal operations. Overall, ERPs play a crucial role in enhancing productivity and fostering collaboration across an organization.