today:
722
yesterday:
405
Total:
1,014,132

What Is ERP?

admin 2018.02.14 02:42 Views : 125

What Is ERP?

Mute
Current Time1:18
/
Duration Time1:18
Loaded: 0%
Progress: 0%
 
What is ERP System? (Enterprise Resource Planning)
ERP stands for enterprise resource planning. It refers to the systems and software packages used by organizations of all sizes to manage day-to-day business activities, such as accounting, procurement, project management, and manufacturing.

What is ERP System? (1:18)

The acronym ERP stands for enterprise resource planning. It refers to the systems and software packages used by organizations to manage day-to-day business activities, such as accountingprocurementproject management and manufacturing. ERP systems tie together and define a plethora of business processes and enable the flow of data between them. By collecting an organization’s shared transactional data from multiple sources, ERP systems eliminate data duplication and provide data integrity with a “single source of truth.”

Today, ERP systems are critical for managing thousands of businesses of all sizes and in all industries. To these companies, ERP is as indispensable as the electricity that keeps the lights on.

ERP Fundamentals

ERP systems are designed around a common, defined data structure (schema) that usually has a common database. ERP systems provide access to enterprise data from multiple activities using common constructs and definitions and common user experiences.

A key ERP principle is the central collection of data for wide distribution. Instead of several standalone databases with an endless inventory of disconnected spreadsheets, ERP systems bring order to the chaos so that all users—from the CEO to accounts payable clerks—create, store, and use the same data derived through common processes. With a secure and centralized data repository, everyone in the organization can be confident that data is correct, up to date, and complete. Data integrity is assured for every task performed throughout the organization, from a quarterly financial statement to a single outstanding receivables report, without deploying error-prone spreadsheets.

The Business Value of ERP

It’s impossible to ignore the impact of ERP in today’s business world. As enterprise data and processes are corralled into ERP systems, businesses are able to align separate departments and improve workflow, resulting in significant bottom-line savings. Examples of specific business benefits include:

No. Subject Author Date Views
106 Apex Interactive Report: The difference between CIR and RIR admin 2018.01.26 83
105 Link- AbbaBeauty admin 2018.02.13 88
104 127.0.0.1:8080/apex/ admin 2023.06.03 90
103 Material requirements planning (MRP) admin 2018.02.14 92
102 STARTUP admin 2022.09.01 93
101 Reversing Require HTTPS admin 2023.06.04 95
100 EMPLOYEE_LEVEL_ID admin 2016.05.03 99
99 image (products) admin 2017.11.24 99
98 SQL Basics - Lesson 1 - Introduction admin 2017.06.17 101
97 TEST admin 2023.03.27 109
96 SQL DEVELOPER file admin 2022.03.17 113
95 QR-CODE admin 2017.11.30 120
94 APEX ADMIN PASSWORD 바꾸기 admin 2016.05.02 124
» What Is ERP? admin 2018.02.14 125
92 Interactive Report admin 2016.05.07 126
91 How to Install Oracle 11g on Windows 10 - 64 bit | Download / Install Oracle 11g Database file admin 2022.03.17 126
90 Oracle SQL Developer: Online Migration 3.1 admin 2018.04.25 130
89 Display Value, Return Value admin 2016.05.10 132
88 test admin 2016.05.11 135
87 Global & Custom Serach file admin 2016.04.28 136