ERP

Definitions

1. Enterprise resource planning software used to manage core business processes such as finance, procurement, inventory, and operations in a unified system. ERP projects are often large, expensive, and organizationally disruptive.

   In plain English: Software used by companies to manage core business operations in one system.

   Example: "The company's first big enterprise deal depended on integrating with the buyer's ERP stack."

Related Terms

• Unplanned Work
• Cost Center
• CRM
• Economics of Scale
• Forecasting
• G&A
• GAP Analysis
• Lean Canvas
• Operational Excellence
• Sales Ops
• Secondment
• Utilization Rate