Enterprise Resource Planning (ERP) - A Comprehensive Definition of ERP

An Organization is a combination of variouswhich ultimately increase profitability. By using an ERP
departmental processes which works together tosystem every department can carry out it task
achieve the common goal of organization. Eacheffectively and in timely manner. Each ERP system is
department has its own way of working andtotally different from each other and is customised
processing various activities. All departments has theiraccording to the business of an organisation. It
own functions but still they work together to attaindoesn't matter how a company or organisation
the goal of an organization. An organization consistsimplement a ERP but one thing is sure that it bring
of core business functions that includes production,significant changes to how a company does business.
accounting, distribution, supply chain and humanOnce a ERP is implemented in an organisation its give
resources. Smooth functioning of an organization issure fire results within a short span of time because
directly proportional to the work flow and informationall the department become automated and
flow among these core business functions.customers are better served because the concern
Here is when ERP comes into play, ERP usesdepartment will have access to every bit of
technology to integrate these key business functionsinformation regarding each relevant process.
into one big centralized information system whichTherefore there are many factors why a company
regulates the flow of information among differentshould choose an ERP Implementation. Erp system
business elements within an organization. A wellintegrates the information and speed up the internal
organized and implemented ERP system can improveprocesses as a result, it also reduces the need to
the effectiveness of the business which results incarry large inventories. In the end if implemented
timely business information, better customercorrectly an ERP system surely give a competitive
relationship, improved internal processes and finallyedge to a company.