Enterprise Resource Planning (ERP) is a system or software that eases the business deals and workflow via integrating, managing, and configuring the back office functions of any corporation. It comprises of and includes five main modules which are: sales, production, Human Resources, Finance, and Intelligent Manufacturing System.
Enterprise resource planning systems are used by organizations looking to manage their business functions within a centralized and integrated system.ERP is commonly used by companies working within the supply chain to help keep track of all the moving parts of manufacturing and distribution.
With the list of the latest solution, it features a host of capabilities that include resource, workforce and talent management. The handful features that companies use to take in ERP system, is to schedule the time and attendance, performance support, recruitment, employee performance, competency management, etc. There are many significant features that shall be in any good ERP system. These can be summarized as follows: