What is Enterprise Resource Planning?
Enterprise resource planning ERP systems make an attempt to integrate a number of data sources and processes of an corporation into a unified scheme.A average ERP system will handle multiple components of computer software and hardware to accomplish the integration. A fundamental ingredient of most ERP systems is the operateion of a unified database to store data for the variety of system modules.The two key components of an ERP system are a common database and a modular software design (for more information see detailed ERP site). A common database is the practice that allows every departments of a corporation to store and retrieve information in real-time. Using a common database allows information to be further reliable, accessible, and simply shared.