ERP – Enterprise Resource Planning

ERP (enterprise resource planning) is an integrated management system that centralizes all of a company’s operational processes. It makes it possible to steer and coordinate every department through a single, shared database.

The modules of an ERP

An ERP brings together interconnected modules: finance and accounting, stock management, purchasing, sales, production, human resources and logistics. That integration keeps information flowing smoothly between every department.

Why adopt an ERP

An ERP improves productivity by automating repetitive tasks, reduces data-entry errors, gives a real-time overall view of the business, and supports strategic decisions with consolidated, reliable data.

A concrete example

A distribution company uses SAP to run its operations. When a customer order is recorded, the ERP automatically checks stock, generates the delivery note, updates the accounts and triggers a purchase order if needed. Everything is synchronized in real time.