ERP stands for Enterprise Resource Planning; however, what precisely does this mean?
To characterize ERP in the most straightforward manner, we can consider it a platform that integrates all the core cycles of a company - finance, HR, manufacturing, supply chain, services, procurement, and others - into one system.
Modern ERP systems utilize the latest innovations, for example, machine learning and man-made reasoning, to upgrade the visibility and effectiveness of each cycle inside a business.
The future of Cloud ERP is an autonomous ERP. With top in class AI and ML capacities, clients can focus on esteem-producing activities, while processes that have been historically manual are being automated.