Enterprise resource planning (ERP) is the integrated management of core business processes, often in real-time and mediated by software and technology. These business activities can include:
- product planning, purchase
- production planning
- manufacturing or service delivery
- marketing and sales
- materials management
- inventory management
- shipping and payment
ERP is usually referred to as category of business-management software —typically a suite of integrated applications— that an organization can use to collect, store, manage and interpret data from these many business activities.
ERP provides an integrated and continuously updated view of core business processes using common databases maintained by a database management system. ERP systems track business resources—cash, raw materials, production capacity—and the status of business commitments: orders, purchase orders, and payroll. The applications that make up the system share data across various departments (manufacturing, purchasing, sales, accounting, etc.) that provide the data. ERP facilitates information flow between all business functions and manages connections to outside stakeholders.
Dynamic Cloud helps companies manage core business processes in a single and fully integrated SaaS ERP systems that are provided by top companies such as Sage and ServiceNow and designed to deliver the highest levels of security, availability, and performance.