Enterprise resource planning (ERP) software is a set of applications that automate finance and human resources departments as well as handle jobs such as order processing and production scheduling. ERP vendors have expanded into applications such as supply-chain management, customer relationship management, and industry verticals.

Characteristics of an ERP System

• Includes business management software that enables  finance and human resources in a completely integrated fashion
• Enables high levels of integration across business functions and units
• Provides for widespread sharing of data from a single information repository
• Drives extensive business transformation and change management efforts
• Requires high levels of implementation effort and support