ERP is an acronym for Enterprise Resource Planning. It is actually management software used for the business process. It allows the enterprise to apply an integrated application for managing and automating various back office functions. Both the external and the internal information flows can be used with the help of a single and comprehensive solution.
Enterprise Resource Planning can be explained as the enterprise planning for large organizations where dedicated teams are required for data analysis and managing the upgrades of deployment. The ERP applications that are used in small businesses are lightweight software solutions that are customized for the specific industry you are working into.