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What is ERP?

Enterprise Resource Planning (ERP) is a term coined in the early 1990s. It began as a group of applications or software focused on combining multiple systems into one integrated system where data could be shared across the enterprise, presumably reducing redundant data entry and processes. It was originally proposed for manufacturing and production planning.

In the mid 1990s, we saw ERP solutions expanded to include ordering systems, financial and accounting systems, asset management and human resource management systems.

Finally, in the late 1990s, the solutions were again broadened to include systems that made it possible for Universities and other governmental entities to consider these solutions for their business processes.

The need to undergo an Enterprise Resource Planning project is seen as an opportunity to not only integrate data systems, but to also redefine processes in the interest of gaining efficiencies, as well as promote professional growth for employees by introducing new skills and knowledge in the areas of data management and procedures.