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Enterprise resource planning (ERP)

Written by the Fiveable Content Team • Last updated September 2025
Written by the Fiveable Content Team • Last updated September 2025

Definition

Enterprise Resource Planning (ERP) is a type of software that organizations use to manage day-to-day business activities such as accounting, procurement, project management, risk management and compliance, and supply chain operations. A key goal of ERP systems is to integrate these various functions into one complete system to streamline processes and information across the entire organization.

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