ERP stands for Enterprise Resources Planning. ERP system was originally used in manufacturing company as it has a complicated business processes. Today, ERP system has been applied in various companies, such as manufacturing, retail, oil and gas, banking, telecommunication, and many more.
ERP software system has an objective to integrate all of the business data and process so it can be managed in most effective and efficient way. It reduces the redundant data and process by making all data from various business processes in a company can be accessed by all departments of that company (of course, with an appropriate authorization according to that company’s policy). By doing so, a data only needs to be entered once by a department that triggers it in its business process, and then it can be used by other departments according to their business process needs.