ERP IN E-Business World

ERP is the acronym for Enterprise Resource Planning. ERP is a software application to improve the performance of organizations' resource planning, management control and operational control. ERP software is multi-module application software that integrates activities across functional departments, from product planning, parts purchasing, inventory control, product distribution, order tracking. This paper includes how can an ERP software improve the business performance of an organization? What are ERP projects? What are its hidden cost? What are the latest trends of ERP software? And some others. - The goal of ERP is to improve and streamline internal business processes, which typically requires reengineering of current business processes.