ERP meaning in Software ?

Answer:

What is Enterprise Resource Planning mean?

Enterprise resource planning (ERP) is the integrated management of main business processes, often in real time and mediated by software and technology. ERP is usually referred to as a category of business management software—typically a suite of integrated applications—that an organization can use to collect, store, manage, and interpret data from many business activities. ERP Systems can be local based or Cloud-based. Cloud-based applications have grown in recent years due to information being readily available from any location with internet access.

ERP provides an integrated and continuously updated view of core business processes using common databases maintained by a database management system. ERP systems track business resources—cash, raw materials, production capacity—and the status of business commitments: orders, purchase orders, and payroll. The applications that make up the system share data across various departments (manufacturing, purchasing, sales, accounting, etc.) that provide the data. ERP facilitates information flow between all business functions and manages connections to outside stakeholders.

Enterprise system software is a multibillion-dollar industry that produces components supporting a variety of business functions. Though early ERP systems focused on large enterprises, smaller enterprises increasingly use ERP systems.

The ERP system integrates varied organizational systems and facilitates error-free transactions and production, thereby enhancing the organization's efficiency. However, developing an ERP system differs from traditional system development.ERP systems run on a variety of computer hardware and network configurations, typically using a database as an information repository.

reference

Full Form	Category
Electronic Research Process	Academic & Science
Epilepsy Research Program	Academic & Science
Exchange Rate Policy	Business
Enterprise Resource Production	Business
Eat Revenue Profit	Business
Essential Requirement for Productivity	Business
European Recovery Programme	Business
European Recovery Program	Business
Equity Risk Premium	Business
Environmentally-Responsible Packaging	Business
Effective Rate of Protection	Business
Enterprise Resource Packages	Business
Event Representative Person	Business
Event Related Potential	Chemistry
Excellent Results Pay	Community
Elderly Residents Park	Community
Extensive Reading Program	Community
Edmunds Reading Project	Community
Education Recognition Program	Community
Evacuation Response Plan	Community
Ear Reference Point	Computer and Networking
Effective Radiated Power	Computer and Networking
EOC Register Protocol	Computer and Networking
Enhanced Service Provider	Computing
Entry Redundant Power Supply	Computing
Error Recovery Procedure	Computing
Expensive Redundant Processing	Computing
Estimated Retail Price	Computing
Enterprise Resource Portals	Computing
Entropyfi	Cryptocurrency
Extended Range Pyrometer	Electronics
Everyday Rob People	General
Elephants Rhinos People	General
Earn Rest and Play	General
Enterprise Resource Program	General
Enterprise Resource PlanningThe	General
Electronic Road Pricing	General
Emergency Repair Program	General
Emergency Response Plan	General
Eddyville Raceway Park	General
Extra Rabbits Pissed	General
Erotic Role Play	General
Ending Redundant Practices	General
Expense Regret Pain	General
Environmental Resource Permit	Governmental
Exposure Response and Prevention	Governmental
Economic Report of the President	Governmental
Estonian Reform Party	Governmental
Energy Recovery Products	Governmental
Energy Risk Professional	Governmental
Energy related Products	Governmental
Error Reduction Parameter	Maths
Effective Refractory Period	Medical
Exposure and response prevention	Medical
Emergency Response Procedures	Messaging
Equipment Reception Party	Military and Defence
Enroute Reporting Point	Military and Defence
Event Related Potentials	Physics Related
European Recycling Platform	Regional
Economic Recovery Program	Regional
Enterprise Resource Planning	Software
Envelope Return Path	Softwares
Eye Reference Point	Space Science
Effective Rating Points	Sports
Early Racquet Preparation	Sports
Enhanced Realistic Personality	Sports
Exchange Rate Protection	Stock Exchange