Enterprise Resource Planning (ERP).
Enterprise Resource Planning (ERP) refers to comprehensive software systems specifically designed to manage and streamline various business operations across an organization. These systems facilitate the integration of essential functions, such as finance, human resources, supply chain management, and customer relationship management, into a cohesive framework. In some instances, ERP systems are also equipped with compliance tracking features to ensure that businesses adhere to regulatory standards and industry best practices. By centralizing data and processes, ERP solutions enable companies to operate more efficiently and make informed decisions.