ERP also referred as Enterprise Resource Planning, can be described as a complete business application solution. It is a fully incorporated system that is used for the purpose of managing resources and functions inside an organization from one place. An ERP system prepared of a series of modules that are connected through a common database, which facilitates departments to organize their activities, collaborate them, and share information with other one.
The primary function of Enterprise Resource Planning system is to incorporate data from all departments of an organization. This means that in place of operating the individual sectors separately, an umbrella system is implanted which help all sectors to communicate with each other, share the data and receive information in real time. Rather than having every computer system acting on its own, the ERP system facilitate everything to work together in a harmonious manner and boost up the fruitfulness, enhances superiority with lessens costs of an organization in useful manner.