Enterprise Resource Planning

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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)