Define and describe Enterprise Resource Planning (ERP).

This is software used by organizations to manage day-to-day business activities such as bookkeeping, procurement, task administration, threat management, agreement, and supply chain processes.

This application essentially automates business operations, eliminating the need for consistent human interaction that may jeopardize operations. ERP requires effective oversight of the systems to prevent failure and in return, the system ensures stakeholders are alerted on the progress of projects and loss is minimized.

Answer by Academic.tip's expert
An answer to this question is provided by one of our experts who specializes in management. Let us know how much you liked it and give it a rating.

Cite this page

Select a citation style:

References

Academic.Tips. (2023) 'Define and describe Enterprise Resource Planning (ERP)'. 28 May.

Reference

Academic.Tips. (2023, May 28). Define and describe Enterprise Resource Planning (ERP). https://academic.tips/question/define-and-describe-enterprise-resource-planning-erp/

References

Academic.Tips. 2023. "Define and describe Enterprise Resource Planning (ERP)." May 28, 2023. https://academic.tips/question/define-and-describe-enterprise-resource-planning-erp/.

1. Academic.Tips. "Define and describe Enterprise Resource Planning (ERP)." May 28, 2023. https://academic.tips/question/define-and-describe-enterprise-resource-planning-erp/.


Bibliography


Academic.Tips. "Define and describe Enterprise Resource Planning (ERP)." May 28, 2023. https://academic.tips/question/define-and-describe-enterprise-resource-planning-erp/.

Work Cited

"Define and describe Enterprise Resource Planning (ERP)." Academic.Tips, 28 May 2023, academic.tips/question/define-and-describe-enterprise-resource-planning-erp/.

Copy