Enterprise Resource Planning (ERP) is the cohesive management of various central business practices engaged in a myriad of data management categories, such as finance, product and production planning, marketing and sales, manufacturing and materials and inventory management. A company depends on its data through IT and DevOps who are tasked with vital IT capital expenditure investments. IT key opinion leaders rely on ERPs to collect, store and interpret business data. Of course, security is essential and compliance is always an overriding factor.
Users of ERP solutions utilize integrated application management in their tasks of constantly updating and tracking data. ERPs enable the flow of information among all business departments and manage connections to vendors and business partners, for which users have a consistent need.