About the concept, types, and functions of an ERP system for your business

ERP (Enterprise Resource Planning) is a unified digital platform that connects all departments of a company into a single whole.

Instead of using multiple programs for different divisions, a business receives a single tool for working with up-to-date data in real time. This automation of all work processes significantly saves time on achieving set goals and also simplifies internal organizational collaboration.

Types of ERP systems:

• Cloud-based (designed for enterprise resource planning, accessible via the internet).
• Local, which are installed on the company's servers and guarantee a high level of data security.
• Industry-specific (designed for specific business areas).

Unlike CRM, an ERP system covers not only customer relationships but also the organization's internal processes. It is also possible to use these systems together, especially in large companies.