Usually an ERP software consist of various modules that are independant but also integrated.

Meaning:
1) You can use each module as a stand alone product.
2) But if you use more than one modules simultaneously, they would communicate with each other by transferring data and by sharing information, and hence resulting in a smarter and efficient information [...]

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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, [...]

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