Kemp | Glossary of Terms and Phrases

Enterprise Resource Planning (ERP)

ERP delivers a software based business management toolset to give organisations a holistic overview of how the parts of their business are operating. ERP systems typically include at least the following modules:
  • Product planning
  • Material purchasing
  • Inventory management
  • Distribution planning
  • Service management
  • Accounting
  • Financial controls
  • Marketing
  • Human resource management
ERP systems are grouped into three tiers: Enterprise, Mid Market, and Small Business. The Enterprise market is dominated by solutions from SAP SE, Oracle, and Microsoft. The other tiers contain numerous providers who target horizontal and vertical sectors.
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