What is ERP?
Posted by Hasan Mir on 12 July, 2009
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This item was filled under [ 1- Oracle Financials Concepts ]
What is ERP?
ERP stands for Enterprise Resource Planning.
An ERP software provided an end to end information management solution for the whole enterprise.
An ERP software tracks business transactions taking place within an enterprise. It enables management to run reports against captured data. Reports enable management to make right decisions.
Products competing in this area includes:
- SAP (SAP AG, Germany based)
- Oracle E-Business Suite (Oracle Corporation, US based)
- People Soft (Oracle Corporation, US based)
- JD Edwards (Oracle Corporation, US based)