Also known as ERP.
Once the preserve of large companies (hence Enterprise), ERP systems are a combination of core systems used for the management of extended organisational activities. ERP solutions are typically organized around the financial applications, including General Ledger, Accounts Payable, Procurement, Asset Management risk management and compliance, and often extends to related applications including Customer Relationship Management, Warehousing and Logistics, Human Resources Management, and more. The ERP system ties business processes together, creates a single source of combined information, and provides clear visibility across the organisation. Today, even small companies benefit from ERP systems targeted at the entry level, often delivered as a cloud Software as a Service.