ERP
Enterprise Resource Planning — software that runs a company's core operational and financial processes.
ERP stands for Enterprise Resource Planning. It refers to a category of business software that unifies the back-office processes a company needs to operate — general ledger, accounts payable and receivable, inventory, procurement, order management, manufacturing, and reporting — on a shared data model. ERP systems replace siloed departmental tools with a single source of truth, so a sale recorded in one module automatically updates inventory, revenue, and tax in the others. Microsoft's ERP offerings in the Dynamics 365 family include Finance, Supply Chain Management, and Business Central. ERPs are typically deployed as SaaS today.