FierceCIOFierceCIOTechWatchFierceMobileITFierceContentManagement   FierceHealthITFierceFinanceIT

Enteprise Resource Planning News

Enterprise Resource Planning (ERP) is the integration of disparate systems and business processes into one system with the goal of improving enterprise productivity and efficiency. In a typical enterprise, finance, HR, manufacturing, and sales might all have different computer systems but share common data. The ERP solution solves this problem by combining these systems so data is entered into the system once and there is a seamless collaboration among all departments.

The general benefits of ERP solutions include increased management efficiency (less time chasing orders, more time planning) and increased productivity (data entered once, everyone working off of same books, automated procedures). From the standpoint of a manufacturing enterprise, where enterprise resource planning software was first introduced, the benefits are even more tangible. According to Microsoft, “ERP systems help track the flow of raw materials into an organization, the integration of these components into final products, the costs and processes associated with running the business, and the delivery of products to the customer.”

For the latest enterprise resource planning news about ERP systems and ERP solutions, subscribe to FierceCIO.