ERP Full Form Or What Is The Full Form Of ERP?
Full-Form Of ERP Is Enterprise resource planning
Some Details About ERP
A business process management software is Enterprise resource planning (ERP) that allows an organization to use a system of integrated applications to manage the business and automate many back-office functions related to technology, services, and human resources.
Some of the most common ERP modules include those for product planning, material purchasing, inventory control, distribution, accounting, marketing, finance and HR. A business will typically use a combination of different modules to manage back-office activities and tasks including the following:
- Distribution process management
- Supply chain management
- Services knowledge base
- Configure prices
- Improve the accuracy of financial data
- Facilitate better project planning
- Automate the employee life-cycle
- Standardize critical business procedures
- Reduce redundant tasks
- Assess business needs
- Accounting and financial applications
- Lower purchasing costs
- Manage human resources and payroll
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