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Enterprise Resource Planning (ERP)
Enterprise Resource Planning most popularly called ERP is an integrated vast software or system utilized by organizations to manage daily business activities such as product management, procurement, accounts, supply chain management, inventory, purchase, finance, human resources, etc. ERP software systems are crucial for organizations as they help them to implement resource planning by integrating each process on a unified platform. ERP applications have evolved a lot over the years and have become the most popular and demanding systems in the current era. ERP systems are now available on cloud-based platforms making business lives easier.
