What does "ERP" stand for?


ERP is an acronym for Enterprise Resource Planning. ERP software integrates various functions that are necessary in running an organization such as inventory and order management, accounting, human resources, payroll and purchasing into one complete system to streamline processes and information across the entire organization. The central feature of all ERP systems is a shared database that allows employees in different divisions—for example, accounting and sales—to rely on the same information for their specific needs. 

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1. What does "ERP" stand for?
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