just by considering name we can simply define ERP as System or software that used to manage all the resources of whole enterprise. Right from employee payments to single screw coming into the enterprise , everything can be managed & tracked by using ERP Systems. ERP is a cross functional software that supports all the business processes within the organization.
In organization , ERP helps to manage business processes of various departments & functions through centralized application. We can make all the major decisions by screening the information provided by ERP.
Though implementation platforms or technologies are different, there are common & basic modules of ERP which can be found in any ERP System. Depending on organizations need required components are integrated & customized ERP system is formed.
All the below mentioned modules can be found in any ERP system:
- Human Resource
- Sales & Marketing
- Finance & Accounting
- Customer Relationship Management(CRM)
- Engineering/ Production
- Supply Chain Management (SCM)
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