Business Resource Planning

Instead of forcing employees to maintain separate databases and spreadsheets that have to be manually merged to generate reports, some ERP solutions allow staff to pull reports from one system.

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By 1990, these systems had expanded beyond inventory control and other operational processes to other back-office functions like accounting and human resources, setting the stage for ERP as we've come to know it.

Today, ERP has expanded to encompass business intelligence (BI) while also handling "front-office" functions such as sales force automation (SFA), marketing automation and ecommerce.

Resource management is an essential project management process and a core activity of human resource management — from large enterprise to small startups. Whether the project is developing a new software feature or the construction of a new building, resource planning directly contributes to the project’s end result.

An over-resourced project wastes time, those with too few resources risk missing critical milestones, and those that use the wrong resources won’t meet expectations.

Enterprise Resource Planning (ERP) software integrates the running of essential business processes including HR, inventory and accounting.

It provides users with a central system from which to streamline information secured from distinct business units.

For that, you need to take a step back and think about all of the various processes that are essential to running a business, including inventory and order management, accounting, human resources, customer relationship management (CRM), and beyond.

At its most basic level, ERP software integrates these various functions into one complete system to streamline processes and information across the entire organization.

Here's a brief introduction to ERP and why it seems like everyone's talking about it.

ERP is an acronym for Enterprise Resource Planning, but even its full name doesn't shed much light on what ERP is or what it does.


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