ERP

Enterprise resource planning refers to a type of software used by organizations to manage day-to-day business activities including accounting, procurement, project management, risk management and compliance, and supply chain operations. ERPs serve to improve enterprise efficiency and effectiveness by integrating financial information as well as order management, making order taking, manufacturing, inventory, accounting, and distribution all in a single system. ERP systems enable enterprises to reduce the time required to complete virtually every business process. Although it is bigger target, an ERP systems centralized database is easier to secure than data scattered across hundreds of systems.