Enterprise resource planning (ERP) - HR Glossary

HR Glossary - Enterprise resource planning (ERP) - Hireforce
HR Glossary - Enterprise resource planning (ERP) - Hireforce

Enterprise Resource Planning (ERP) is a software system that consolidates several corporate operations and functions into a single system. It gives a company a single database to manage and track a variety of business operations, including inventory management, supply chain management, financial management, human resource management, and more.

Example

An ERP system may help a firm maintain inventory levels, handle purchase orders, and create financial reports.

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