ERP system


 

ERP is an abbreviation for Enterprise Resource Planning and signifies the managerial task of utilising resources available to a company in the most efficient way for operations.


An ERP system is a complex application for supporting operative resource planning of the entire company and is usually composed of several components.

 

Typical functional areas of an ERP system are

  • finance and accounting,
  • material and inventory control,
  • production,
  • HR management,
  • research and development as well as
  • marketing and distribution.


In the context of Business Intelligence applications, ERP systems are the earlier systems, from which data are transferred into a central data warehouse for analysis and reporting during an ETL process.

 

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