What is Enterprise Resource Planning

Enterprise resource planning (ERP) attempts to integrate all departments and functions across an entire company onto a single computer system using a common data base and a shared set of reporting tools. The goal of an ERP system is to replace stand alone programs such as accounting, manufacturing, human resources, warehousing and transportation and replace them with a single unified software program.

A form of software used to integrate and organize business tasks and processes.

Also known as ERP and was developed in the 1990’s. An ERP system attempts not only to integrate all departments within a company but also to synchronize the ERP system of the firm with the ERP systems of others companies in the supply chain that it operates ( Anderson et al., 2011 ). An ERP system consists of several modules such as finance, sales, human resources, inventory, operations, and marketing among others. An ERP system is deemed complete when all modules are installed, and it is preferably to install all modules from the same vendor in order to avoid any compatibility issues ( Romero et al., 2010 ). Having all departments synchronized let a company know the status of an order at any point in time, and if there are changes in an order, all systems are updated automatically without having a need to update the systems of each department one by one.

Integrated business management system that aims to plan company resources. The ERP functions as an enterprise database, which brings together in a single platform all operations in an integrated manner, such as manufacturing, logistics, finance, human resources, etc.

The term enterprise resource planning is a comprehensive, packaged software solution that seeks to integrate the complete range of business processes and functions to present a holistic view of the business from a single information and IT architecture ( Chen, Wang, Wei, Ren, Shao & Li, 2013 ). The breadth and tight integration of ERP have only become available in current years, as now ERP has a pedigree in large, packaged applications software that has been widely in use since the 1970s ( Klaus, Rosemann & Gable, 2000 ). In other words, it is an automated system that creates or manages data about an organisation’s activities, such as e-commerce system, client-relationship management system, purpose-built or customised database, and finance or human resources systems ( Stancic, Ngoepe & Mukwevho, 2019 ).

A mainstream business software package that integrates multiple business processes based on a single consistent database that stores enterprise resource data.

Normally associated with the namesake system, it provides the backbone for running most activities which are not directly related to manufacturing such as finances or human resources.

(ERP): Systems such as SAP and Oracle, covering a wide range of business functions such as Finance, Manufacturing, Logistics and Procurement. These large systems typically have a Human Resources module.

Software that helps to integrate and manage central business processes.

The real-time integrated management of core business processes, mediated by software and technology.

Configurable enterprise software that integrates business processes across functions.

Also known as ERP and was developed in the 1990’s. An ERP system attempts not only to integrate all departments within a company but also to synchronize the ERP system of the firm with the ERP systems of others companies in the supply chain that it operates ( Anderson et al., 2011 ). An ERP system consists of several modules such as finance, sales, human resources, inventory, operations, and marketing among others. An ERP system is deemed complete when all modules are installed, and it is preferably to install all modules from the same vendor in order to avoid any compatibility issues ( Romero et al., 2010 ). Having all departments synchronized let a company know the status of an order at any point in time, and if there are changes in an order, all systems are updated automatically without having a need to update the systems of each department one by one.

Enterprise Resource Planning (ERP) system integrates all data and processes of an organization into a unified system using multiple components of computer software and hardware and a unified database to store data for the various system modules.