ERP is an integrated information system software, which takes care of the planning and management of all resources in an enterprise - planning, budgeting and control in the field of production, supply, sales, storage, resources, projects and accounting. Its purpose is to cover all the departments and business processes within a company’s operations.
An integrated system means a system in where information is entered only once and is reflected in all modules and subsystems with no further processing (real time)thus becoming accessible to all its users.
ERP replaces the traditional accounting, warehousing, marketing and other information systems, combines them into a single, unified program built up of mutually related modules under various sectors in an enterprise. It is designed to automate management and accountability.
The majority of systems of this type allow for the implementation of individual modules covering a single or more than one business processes.