Enterprise resource planning (ERP)

ERP Software is a cross-functional enterprise system driven by an integrated suite of software modules that supports the basic internal business processes of a company. ERP gives a company an integrated real-time view of its core business processes such as production, order processing, and inventory management, tied together by ERP applications software and a common database maintained by a database management system.

ERP systems track business resources (such as cash, raw materials, and production capacity) and the status of commitments made by the business (such as customer orders, purchase orders, and employee payroll), no matter which department (manufacturing, purchasing, sales, accounting, and so on) has entered the data into the system. ERP facilitates information flow between all business functions inside the organisation, and manages connections to outside stakeholders

Enterprise systems are complex software packages that offer the potential of integrating data and processes across functions in an enterprise. Although the initial ERP systems focused on large enterprises, there has been a shift towards smaller enterprises also using ERP systems. Organisations consider the ERP system a vital organisational tool because it integrates varied organisational systems and enables flawless transactions and production. However, an ERP system is radically different from traditional systems development. ERP systems can run on a variety of computer hardware and network configurations.

Related post:  Accounting Software

Visit a software event

Leading ERP Software Suppliers

Azzure IT
Exel Computer Systems
Sapphire Systems
Winman
Epicor
Vision33
Loading...

ERP Software Blog

Machine learning, powering ‘smarter’ warehouses

David Greenlees, Managing Director, Priority Software UK presents five key warehouse functions that can benefit from machine learning As part of its warehouse management functionality, ERP systems typically track information about products as they’re picked, packed,...

Premium British watch manufacturer chooses Medatech

Award-winning prestige British watch manufacturer, Bremont Watch Company has teamed up with Medatech UK to implement Priority ERP across its business The watch company who pride themselves on reinvigorating this industry in Britain needed to find a business software...

Visionaries always stay ahead

How a small business has been able to grow and stay ahead of competitors - a case history from NoBlue and NetSuite... When discussing the advantages of implementing an ERP system, you will always hear it helps companies stay ahead competitors and be able to quickly...

How ERP can help you to achieve your ISO 9001

To be ISO 9001 certified means that an organisation has met the requirements in ISO 9001 which evaluates a business’s Quality Management System (QMS) It assesses whether your QMS is effective in order to provide quality products and services. The certification also...

Personalising your ERP workspace

Personalising your ERP workspace

Everyone works differently and makes different demands of our IT systems, including ERP. Technology shouldn’t dictate how you use it. The most innovative and accessible systems are those which offer personalised interfaces and features that respond to individual needs...

Share This

Share this post with your friends!