Enterprise Resource Planning
n.
Pronunciation
/ˈɛntərˌpraɪz ˈrisɔrs ˈplænɪŋ/
Acronym
ERP
Definition
A software that houses all elements of a company’s operation in one synchronized platform.
Enterprise Resource Planning software allows different departments of a company such as sales, accounting, inventory, etc. to communicate in real time and more effectively operate the business.
Category
Technology
Related Terms
Enterprise Information Management (EIM)