BI Glossary


What is ERP?

Enterprise resource planning (ERP), a category of business management software applications, is a suite of integrated applications sharing data across departments facilitating the flow of information between all business functions and managing connections to the business’ outside network. ERP collects, stores, manages, and interprets data from multiple activities, often in real time. ERP provides a continuously updated view of core business processes from a set of common databases.

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