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ENTERPRISE
RESOURCE
PLANNING
(ERP)
• ERP stands for "Enterprise Resource Planning" and refers to a type of software or system used by a business to plan and
manage daily activities such as supply chain, manufacturing, services, financials and other processes.
• Enterprise Resource Planning software can be used to automate and simplify individual activities across a business or
organization, such as accounting and procurement, project management, customer relationship management, risk
management, compliance, and supply chain operations.
• An ERP software system allows for better performance and project management that helps plan, budget, predict and
accurately report on an organization’s financial health and processes.
HISTORY OF ERP
Improving and/or reducing the number of resources necessary without sacrificing quality
and performance are keys to effectively improving business growth and profitability .
ERP software has the ability to collect and compare metrics across departments and
provide a number of different reports based on roles or specific user preferences. The data
collected makes finding and reporting on data faster and gives a complete view of business
performance
“Hybrid” ERP
Cloud-based ERP software
refers to a combined
software implementation of cloud-
On-Premise ERP is a web-based solution, based and on premise
known as Software as a ERP system solutions. The
software Service (SaaS), where an combination of hosting and
is implemented on site and organization accesses and deployment services vary
maintained in physical stores data on any device by provider. These models
office space within an with an internet connection, can provide ERP users the
organization, hosted on the usually through the flexibility to migrate
company’s own computers purchase of a subscription. between delivery
and servers for full control, Continual support, updates, models, or integrate
support and ownership of training, and flexible benefits not available
the entire system once customizations supported existing implementation.
implemented. by the software provider.
What the difference between ERP and financial
ERP Financial
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JENNA DOE
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JOHN DOE
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JIMMY DOE
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