What is Enterprise Resource Planning (ERP) System?

ERP systems are integrated computer systems that usually interconnect multiple departments within an organization by sharing data and management information. Optimally utilized ERP systems enable fluid flow of information within an organization and form the backbone of most decisions by creating a single version of data.

Related Terms

What is E-Procurement?What is Enterprise Resource Planning (ERP)?What is Ethical Procurement?What is eSourcing?What is eTender?