Enterprise resource planning (ERP) systems integrate internal and external management information across an entire organization, embracing finance/accounting, manufacturing, sales and service, customer relationship management, etc.
The purpose of ERP is to facilitate the flow of information between all business functions inside the boundaries of the organization and manage the connections to outside stakeholders.
The transformation of ERP into a cloud-based model has been relatively slow, but as cloud computing makes other inroads into the enterprise environment some functionality is being moved to the cloud.
2.LIST OUT THE VENDORS OF ERP PRODUCTS? ► SAP | www.sap.com | ► Oracle | www.oracle.com | ► PeopleSoft | www.peoplesoft.com | ► invensys | www.invensys.com | ► ABB Automation | www.abb.com/automation | ► i2 | www.i2.com | ► SSA Global Technologies | www.ssagt.com | ► Intentia International | www.intentia.com | ► Epicor | www.epicor.com | ► Lawson Software | www.lawson.com | ► QAD | www.qad.com | ► IFS | www.ifsab.com | ► Mapics | www.mapics.com | ► Mincom | www.mincom.com | ► American Software | www.amsoftware.com | ► Great Plains | www.greatplains.com | ► Ross