ERP Fundamentals is the term given to the software, processes, and activities that enable businesses to manage transactions and operations across their entire organization in order to generate productivity and efficiency. ERP stands for Enterprise Resource Planning, which involves the development and implementation of software applications and tools to track customer orders, inventory levels, payroll, accounting, and other business operations. This allows organizations to capture information and data quickly, accurately analyze it, and make decisions quickly and effectively. With the right ERP system in place, businesses are able to save time and money while increasing their capacity to respond to customer needs and maximize profits.