oboloo Glossary

ERP Activity

oboloo Glossary

ERP Activity

Enterprise Resource Planning (ERP) is a comprehensive business method that helps manage activities across core business processes, such as finance, sales, marketing, inventory management and manufacturing. ERP enables enterprises to store, share and analyze information from various powerful databases, enabling them to make data-driven decisions. By integrating or automating key business functions, organizations can improve their efficiency, accuracy and bottom line. ERP activity involves managing resources, streamlining operations and connecting people across departments. With ERP, businesses can reduce costs, optimize performance and unleash the potential of their workforce.