What is an ERP and how is it useful to any company when implemented?

Answer

Short for Enterprise Resource Planning software. ERP software aids and controls the ERP management system, which is a system that integrates and automates all facets of business operations. This includes planning, manufacturing, and sales, while more recent ERP software products encompass marketing, inventory control, order tracking, customer service, finance and human resources as well.


Answer:

ERP - Enterprise resource planning is a company-wide computer software system used to manage and coordinate all the resources, information, and functions of a business from shared data stored.

It is an electronic resource planning of an enterprise. It is useful as it saves lots of time of every individual within the enterprise. It is highly safe as data is protected in a particular server. Only individuals authorized to edit and save any data within the ERP system can do it and rest cannot.

It is a fast electronic data processing program. Enterprises are benefited with it in many ways as mentioned above.