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Enterprise Resource

Planning
ERP
• Enterprise resource planning (ERP) is a type of software system that
helps organizations manage core business processes for optimal
performance.
• ERP software coordinates the flow of data between a company’s
business processes, providing a single source of real-time data and
streamlining operations across the enterprise.
• It is capable of linking a company’s financials, supply chain,
operations, commerce, reporting, manufacturing and human
resources activities on one platform.
Modern ERP
• Historically, ERP systems were modules that worked separately Each
system required expensive, complex, and customized code to meet
unique business requirements which slowed—or even prevented—the
adoption of new technology or process optimization.
• Modern ERP brings all these different processes together in one system.
It doesn’t just offer data connectivity within the ERP system, but also
within several productivity tools, e-commerce, and even customer
engagement solutions. It provides better insights that help to optimize
processes across the entire business.
• A modern ERP solution offers flexible options, improved security and
privacy, sustainability, and low-code customization.
Importance of ERP
• ERP technology is getting better and better at bringing processes
together. After processes, systems, and data are connected.
• Drive optimal performance: With solutions that use AI, we can access
insights that enhance our decision making and reveal ways to improve
operational performance going forward.
• Accelerate operational impact: By connecting processes and data, we
can bring more visibility and flexibility to employees, helping them take
action quickly and deliver more value across the business.
• Ensure business agility: Many ERP solutions are built to adapt to the
business needs and growth and help to proactively prepare for and
readily respond to any operational disruption or market change.
Popular ERP softwares
• SAP
• Oracle Cloud Enterprise
• Microsoft Dynamics 365
• ERPNext
Thank you

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