What is the full form of ERP ?

ERP - Enterprise Resource Planning

Enterprise Resource Planning is business management software that most businesses implement to enhance their productivity and performance. It helps to automate several departments like financing, manufacturing, sales, marketing, accounting, inventory management and human resources.

ERP software comes in many modules that include :-

• Financial Accounting
• Supply Chain Management
• Customer Relationship Management
• Human Resources
• Project Management and many more.
• Purchasing
• Inventory

Each ERP software module corresponds to a major functional area of an organization. Organizations often selectively implement these modules that are both economically and technically feasible.