What is ERP | Enterprise resource planning definition | SAP ...
www.sap.com › insights › what-is-erpIn accounting, the acronym ERP stands for enterprise resource planning – which is a type of business management software. ERP finance modules offer many of the same features as accounting software, such as tools for accounts receivable and payable, general ledger, expense management, reporting and analysis, and more. In addition to finance, ERP includes modules for different lines of business, such as supply chain and HR, and integrates everything together in a single system.
What Types of ERP Systems are There? - Panorama Consulting Group
www.panorama-consulting.com › what-types-of-erpFeb 24, 2020 · The distinction between full ERP vs. industry-specific ERP comes down to whether the system is designed for a variety of industries or is specialized to just one or two. The distinction between cloud ERP and on-premise ERP lies in how the system is installed and maintained. You can also categorize ERP systems based on the size of business they target. We use the terms Tier I, Tier II and Tier III to differentiate between systems based on the revenue and complexity of the companies they’re ...