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What Is Enterprise Resource Planning (ERP)?

April 1, 2024

Via: CO
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Enterprise resource planning (ERP) systems provide real-time data and automate workflows, driving operational improvements. Indeed, 80% of businesses told KX and the Centre for Economics and Business Research (CEBR) that their revenues increased “after implementing real-time analytics,” and 60% saw significant efficiency and productivity gains.

But what is an ERP, and how does it work? ERP software centralizes backend processes and information, allowing organizations to manage accounting and operations effectively. Explore ERP types, functionality, and costs.

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