What is Enterprise Resource Planning?

A definition of Enterprise Resource Planning

“Enterprise Resource Planning (ERP) is a type of software used by organizations to manage and integrate important parts of their businesses, streamlining processes and enabling real-time information sharing across departments.”

Enterprise Resource Planning in Business Glossary - What is an Enterprise Resource Planning?

Business Glossary > What is Enterprise Resource Planning?


Examples of Enterprise Resource Planning in a Sentence:

Our company just implemented an enterprise resource planning system to streamline operations.

Enterprise resource planning allows departments to communicate more effectively.

Many businesses rely on enterprise resource planning to improve efficiency.

Why is Enterprise Resource Planning Important in Business?

Enterprise resource planning is crucial as it helps organizations improve efficiency and decision-making by unifying processes and providing comprehensive real-time data access. This integration is vital for businesses seeking a competitive advantage and operational excellence.

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Associated Terms

Here are some associated business terms and synonyms for “Enterprise Resource Planning”:

  • ERP System
  • Business Process Management Software
  • Integrated Management System

SAP’s Enterprise Resource Planning

SAP, a leader in ERP software, offers solutions that cater to large companies’ needs for integrating various business processes. SAP’s ERP systems help companies like Airbus and Coca-Cola improve operational efficiency, data democratization, and agile decision-making.

Final Notes on Enterprise Resource Planning

When considering enterprise resource planning solutions, organizations should evaluate the scalability, integration capabilities, and cost-effectiveness. Leveraging ERP can unlock new levels of efficiency and information accessibility.


This has been a definition of Enterprise Resource Planning meaning.

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