The full form of ERP is Enterprise Resource Planning. ERP is a business management software that helps organizations manage day-to-day business activities such as accounting, procurement, project management, risk management and compliance, and supply chain operations. ERP systems are complete, integrated platforms, either on-premises or in the cloud, managing all aspects of a production-based or distribution business. Furthermore, ERP systems support all aspects of financial management, human resources, supply chain management, and manufacturing with your core accounting function. ERP implementation can be a complex and time-consuming process, requiring careful planning and management to ensure success.