Skip to main content
Return to homepage
  • Free Trial
  • Free Trial
  • Plans
    • Plans for Individuals
    • Plans for Teams
    • Plans for Clients
    • Plans for Enterprise
  • Solutions
    • Self Educators
    • Small Business
    • Industry Associations
    • Accounting Firms
    • Franchise Groups
    • Finance Brokers
    • Corporations
    • Business Schools
  • More
    • About
    • Features
    • Experts
    • Blog
    • Media
    • Press
    • Contact
  • Support
  • Login
    • Watch
    • Admin

Home Definitions

What is ERP Software? Definition or Meaning

Posted by Bizversity

Consider a traffic control centre, each aspect of the traffic on roads including accidents, breakdowns, construction and worksite jobs are all visible to the control centre. They need to integrate and manage each aspect of the traffic, collate and present information from these individual arms to other parts of the city’s infrastructure networks. The same goes for a company’s ERP system or software that centrally collects information about different divisions like inventory, sales, marketing, HR et cetera to help manage a business’s operations.

For example…

SAP, the world’s first ERP software would be as good an example as any. It’s aim was and still is to integrate the different divisions of a business including Finance, R&D or Operations. The aim? To increase efficiencies by streamlining processes such as reporting and aid in transparency within the business. Like many of its competitors, SAP is now available on-premise or on the cloud, further increasing its value to the business.

Bizversity
Bizversity

  • Facebook
  • YouTube
  • Twitter
  • LinkedIn
  • Instagram

Our Mission is to grow the people that move the world forward. Because business people change things. They learn, they create, they build, they disrupt. And when they do, they influence the people around them and the world becomes a better place. So if you are an entrepreneur, business leader, executive or startup, and you want to grow, welcome to Bizversity.

  • About
  • Blog
  • Features
  • Tutorials
  • Media
  • Press
  • Careers
  • Definitions
  • Questions
  • Support
  • Contact

Copyright © 2023 Bizversity
  • Privacy Policy
  • Disclaimer
  • Terms of Service
  • Website Terms of Use