ERP stands for Enterprise resource planning; it's a computerized system used in order to manage resources such as financial, human, tangible assets, or materials. The purpose of this software is to make flow of information easier and to coordinate business functions. ERP can be considered as managing of business practices along with modern technology.
ERP is uniting three goals: managing business practices, IT (information technology), and specific business goals.
ERP systems are used in fields such as: manufacturing, financial, human resources, supply chain management, customer relationship management, and data warehouse. It has also been introduced as a part of management syllabus. This system improves in productivity, in speed, and also in performance. It holds a promising future in terms of employment and training. ERP professionals are not chosen on secondary bases.
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