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Showing posts from April 26, 2015

"ERP" - Defining Enterprise Resource Planning

The Best Enterprise Resource Planning (ERP) system integrates both internal and external business information flows used by the organization within a single, comprehensive solution. An ERP solution incorporates the practical systems used by organizations to manage the basic commercial functional requirement of their business, such as: procurement, planning, inventory/materials management, purchasing, manufacturing, finance, accounting, human resources, marketing and sales, services etc. The objective of the ERP solution is to drive the flow of information between all internal business functions while managing connections, or "touch points," to outside stakeholders. ERP solutions runs on a variety of interlinked computer hardware and network configurations, including "on premises" (i.e. client/server) or hosted (i.e. "cloud-based" or Software as a Service). Regarding details related to configuration, typically ERP solutions uses a global...