ERP- Enterprise Management Planning includes includes every bit of ingredients required to obtain a marvellous dish from the cuisine of your soul business. Such ingredients are inventory management, order management, Accounting module, HR management, Customer-relationship Management and so on depending on the business need. While viewing from the very basic level, an ERP software is the major tool that eventually integrates the funtionalities of these core ingredients into a single perfect system inorder to streamline the various data and processes across the whole organization.
The backbone of an ERP system is the shared database that support the numerous functionalities of different business units. More precisely we could say that, employees belongin to two different sections can rely on the same bit of data for their particular needs. This flexibilty of ERPs provide the hassle-free running of an organization, irrespective of its size. By using an ERP software, a higher degree of synchronisation can be easily done with automation and reporting stuffs even. Another key feature of an ERP solution is the inclusion of a dashboard, which will enable the employees to have a deep understanding of the performance of the business on key metrics.