oboloo Glossary

Enterprise Resource Planning Function

oboloo Glossary

Enterprise Resource Planning Function

Enterprise Resource Planning (ERP) is an integrated business system that manages and automates the different components of a business. It covers all aspects of an organization’s operations, from planning resources to monitoring sales and customer service processes, to managing human resources and financials. ERP systems are designed to help companies make better decisions, streamline business processes, and reduce costs. By efficiently managing the different facets of the business in one place, companies can increase efficiency and gain competitive advantage.