Elements of an Enterprise Resource Planning (ERP) System are the essential building blocks of a comprehensive and cohesive system for managing all aspects of a business. ERP systems provide organizations with greater levels of efficiency, control, and visibility over their operations by providing integrated solutions for finance, inventory, and human resource management functions. Some core elements of an ERP system include: modules for accounting, customer relationship management (CRM), supply chain management (SCM), sales order entry, purchasing, material requirements planning (MRP), manufacturing execution systems (MES), warehouse management systems (WMS), business intelligence (BI), and enterprise performance management (EPM). With these powerful components working together, an ERP system can have a significant impact on an organization’s overall success.