ERP -a category of business management software-typically a suite of integrated applications that an organization can use to collect, store, manage and interpret data from business activities.
ERP will provide 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. It will facilitates information flow between all business functions and manages connections to outside stakeholders.

Features of ERP software