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What Is Enterprise Resource Planning?

1 min read
What Is Enterprise Resource Planning?

Image caption: ERP software comes in a variety of niches for different industries. For example, ERP systems for manufacturers have tools for production scheduling and purchase planning. Image credit: Getty Images / svetikd. Article by Jessica Elliott. CO by US Chamber of Commerce – April 1, 2024.

Enterprise resource planning (ERP) systems provide real-time data and automate workflows, driving operational improvements. Indeed, 80% of businesses told KX and the Centre for Economics and Business Research (CEBR) that their revenues increased “after implementing real-time analytics,” and 60% saw significant efficiency and productivity gains. […]