ERP stands for Enterprise Resource Planning and is common term for software which takes care of most parts of a companies functions. For instance most ERP systems integrates things like sales, order tracking and status, new orders, inventory and stock, finance and other aspects. Shops like Ebay, Baby Bæreseler and many others use this feature, to learn more about their customers and their business in order to improve sales or customer relationship. The system helps the internal organisation getting a clear overview over the companys input and output and to keep track of all company transactions. Read more about this here at our new page
Currently the largest developers of ERP systems are:
They entered this niche by buying the Navision/damgaard system and integrated it into their Dynamics product suite. The dynamics series include C5, GP, NAV and AX.
SAP ECC is an ERP system for larger companies with over 1000 employees.
All in One are their software for companies between 50-1000 employees.
Business One is the product for most smaller companies.
Their ERP solution are mostly target the american market.
By using an ERP system you got most of your data in one central database, which is why you can easily integrate a business intelligence system on top of your Enterprise Resource Planning and using the data from this to feed your business intelligence application, making it easy to do advanced analytics reporting and maybe even working with big data without having to implement a BI system from the scratch. Using a system like the Targit BI Suite you can start to analyse your data and using them for things like decision support or finding your companies strength or weakness, trendspotting and much more. By combining these types of systems, you get a whole lot more power. That is if you know how to read and act on all the data you can find, with such systems.