ERP
n. C / Un. Stands for Enterprise Resource Planning. A type of software that companies use to manage all their daily business activities, like accounting, buying supplies, and tracking projects.
n. Abbreviation for Enterprise Resource Planning. A suite of integrated software applications used by an organisation to manage core business processes, including finance, human resources, supply chain, and procurement, within a single database.
Our company is installing a new ERP system next month.
The implementation of a modern ERP allowed the finance department to automate invoice processing and reduce manual data entry errors.
By integrating disparate data streams into a unified ERP platform, the corporation achieved real-time visibility into its global inventory levels, significantly optimizing its just-in-time manufacturing strategy.
Often used as a modifier before another noun, such as 'ERP system' or 'ERP software'.