What is Enterprise Resource Planning (ERP)?
An ERP is a type of software that businesses use to manage their day-to-day operations in one central system. It integrates all the key functions of a business, like finance, HR, manufacturing, and supply chain management. Think of it as the central nervous system of a company. By having all this information in one place, an ERP helps to streamline processes, improve efficiency, and provide a holistic view of the business. In a partner context, integrating your PRM with your ERP can be important for things like order processing and financial reporting.