Enterprise resource planning (ERP) is a type of software system that helps organizations automate and 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 truth and streamlining operations across the enterprise. It’s capable of linking a company’s financials, supply chain, operations, commerce, reporting, manufacturing, and human resources activities on one platform.

Most companies have a finance and operational system in place, but siloed systems can’t go beyond everyday business processes or help with future business growth. As companies expand and their needs change, their systems should keep up with them. In this article, you’ll learn what ERP is and why having software in place that keeps up with your needs can help run a more agile and efficient business.

Implementing an ERP system is an investment and effort that begins with strategic planning and extends into implementation. To understand business values, improve performance, and other regulatory mandates, companies are seeking to utilize ERP software’s functionality to achieve business goals. Our ERP team can help organizations to implement their ERP software as better and more suitable investments.