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Enterprise Resource Planning (ERP) is a system for improving the efficiency of business processes. Think about all of the various methods that are essential to running a business, including inventory and order management, accounting, human resources, customer relationship management (CRM), and more. ERP software integrates all these functions into one complete system to streamline processes and information across the entire organization.
The central feature of all ERP systems is a shared database that supports multiple functions used by different business departments. Thus, employees that work in various divisions can share and rely on the same information for their specific needs.
At its core, ERP helps employees do their jobs more efficiently by breaking down barriers between business units.