HR Glossary  >   Enterprise Resource Planning (ERP)

Enterprise Resource Planning (ERP)

What is Enterprise Resource Planning (ERP)?

A system that’s designed around a single and defined data structure, which has a common database, is termed ERP or Enterprise Resource Management system. This system ensures the information used across the enterprise is based on the company’s common grounds and user experiences. Such core constructs are interconnected with people who use them and the business’s processes that are led by workflows across various company departments, such as finance, HR, marketing, etc. In short, the ERP system is a vehicle that drives the integration of people and processes.

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