Enterprise Resource Planning translated as Enterprise Resource Planning is a system for managing core business processes such as planning, inventory, purchasing, sales, marketing, finance, HR, often in real time and mediated by software and technology. ERP is usually referred to as a category of business management software that an organization can use to collect, store, manage, and interpret data from many business activities such as planning, inventory, purchasing, sales, finance, marketing, etc.
ERP systems can be on-premises or cloud-based. Cloud applications have grown in recent years due to the fact that information is easily accessible from anywhere with internet access.
