ERP is one of the popular acronyms in English. If you are searching for what does ERP stand for, it has many abbreviations in different categories. We will be covering all of them on this page. The following image contains the most popular ERP meaning, and the rest of the abbreviations are listed in the table below.
What is the meaning of ERP?
Among all the ERP meanings, Enterprise Resource Planning is the most popular one in Computing (Software & Applications) category.
Abbreviation |
Enterprise Resource Planning |
Category |
Computing (Software & Applications) |
For every business and corporate organization, managing chunks of files with properly balancing multiple tasks are really big things. In this context, the significance of Enterprise Resource Planning (ERP) can be felt.
ERP serves as a high-tech software used by companies to manage regular business activities like risk management, accounting, procurement, and project handling. Industries like the health care sector, estates, hospitality, and nonprofit groups use ERP for supply chain operations. Check some information about ERP in this article.
Functions of ERP
Today Enterprise Resource Planning software works as an integrated system that provides important insights into data analysis. From finance management to operational features, all key aspects are smoothly handled by ERP. Some of the main functions are-
Acts as a Human Resource component
In this role, the ERP would hire, check payroll, and timekeeping, and altogether manage the end-to-end employee platform. HR software developed by an ERM system can also deal with complicated functioning like tax and benefits deductions.
Supply Chain Management
Monitoring a company’s Supply Chain Management (SCM) is considered one of the primary functions of any ERM software. SCM comprises tracking the client’s demand, manufacturing unit, logistics, and delivery. Here, ERM would ensure automatic supply chain functions by detailing the purchase orders and work orders among many locations.
Customer Relationship Management (CRM)
For the success of any corporate hub, analyzing the relationship with the customers is also vital. ERP systems can be used for accessing customer history and accordingly helps in growing the annual sales. You can develop trusted relationships with the customers through this process.
Account Management
The original ERP platforms were more focussed on accounting. However, since then, the platform has undergone major updates, and now also manages the company’s finance. The accounting software tracks the respective accounting numbers of the clients and guides in better data analysis.
ERP: Pros and Cons
Benefits
- Improved access to clients’ information and ensures better customer service with quick response times.
- Acts as an integrated system for all databases of the company. It maintains a single truth source for any business.
- Wisely saves the cost with better inventory planning.
- Protects encrypted information and prevents the installation of malicious software.
- Maintains transparency throughout the business administration.
Drawbacks
- May add up the extra cost regarding maintenance and the third party add-ons for the company.
- Formulating a concrete data conversion strategy is a tough nut to crack.
- Takes time in analyzing, defining, and implementing the data sources.
- The compensation charges in case of bad data conversion are high.
- Expert technical knowledge is required to operate the ERP platforms.
Examples of Enterprise Resource Planning
- One of the most operated Enterprise Resource Planning systems is Oracle ERP Cloud developed in 2012. The latest Oracle ERP cloud version is accessible in Mac, Linux, and Windows desktop versions. Their Artificial Intelligence(AI) leverages auto-updated daily tasks.
- The Acumatica Cloud ERP software is used by smaller and mid-scale companies. Industries like e-commerce, retail, manufacturing, real estate, and agriculture popularly use the Acumatica ERP.
- The BizAutomation is an integrated cloud-based platform that works for small to large-scale businesses and even for wholesale and retailers.
Big companies using ERM systems
- Starbucks uses the Oracle cloud-based ERP software solution and handles the day-to-day activities of the big company. Oracle serves applications like CRM, ERP, and SCM processes.
- Toyota, an automobile brand, hands over the task of business management to the Microsoft Dynamics 365 ERP program. With Dynamics, the company maintains a paperless system which reduces the workload of the staff.
- The e-commerce brand Amazon trusts System Analysis and Program (SAP) software for managing finances, logistic demands, HR, and order management. ERP systems like SAP boost the overall sales rate annually.
We have found 69 abbreviations for ERP in categories like Computing, Medical, Business, Governmental, Academic & Science, and Messaging. If you want to explore ERP definitions in each category, scroll to the end where we have listed each category’s ERP abbreviations separately.
ERP meaning in different categories:
Computing
Acronym |
Meaning |
Classification |
ERP |
Enterprise Resource Planning |
Software & Applications |
ERP |
Extended Reporting Policy |
File Extensions |
ERP |
Eap Re Authentication Protocol |
Protocols |
ERP |
Enterprise Resource Provision |
Hardware |
Medical
Acronym |
Meaning |
Classification |
ERP |
Exposure And Response Prevention |
Psychology |
ERP |
Effective Refractory Period |
Anatomy & Physiology |
ERP |
Extended Reporting Period |
Healthcare |
ERP |
Evoked Response Potential |
Laboratory |
ERP |
Expert Review Panel |
Healthcare |
ERP |
Exposure And Relapse Prevention |
Medicines & Drugs |
Business
Acronym |
Meaning |
Classification |
ERP |
Equity Risk Premium |
Finance |
ERP |
Enterprise Resource Management |
Business Management |
ERP |
Effective Rate of Protection |
Business Terms |
ERP |
Educational Results Partnership |
Companies & Corporations |
ERP |
External Reference Pricing |
Business Terms |
ERP |
Energy Risk Professional |
Job Titles |
ERP |
Employee Representation Plan |
Business Terms |
ERP |
Environmentally Responsible Packaging |
Business Terms |
ERP |
Energy Recovery Products |
Business Management |
ERP |
External Registration Programme |
Business Terms |
ERP |
Eurasian Research Publishing |
Companies & Corporations |
ERP |
Economic Resiliency Plan |
Business Terms |
ERP |
Equal Remuneration Principle |
Business Terms |
ERP |
Error Recovery Procedure |
Services |
Governmental
Acronym |
Meaning |
Classification |
ERP |
Emergency Response Plan |
Census & Statistics |
ERP |
Economic Report of the President |
Documents & Certificates |
ERP |
European Recovery Program |
Policies & Programs |
ERP |
Economic Recovery Program |
Policies & Programs |
ERP |
Ejército Revolucionario Del Pueblo |
Military |
ERP |
European Redemption Pact |
Policies & Programs |
ERP |
Estimated Resident Population |
Census & Statistics |
ERP |
Expanded Return Program |
Policies & Programs |
ERP |
Environmental Research Parks |
Departments & Agencies |
ERP |
Estonian Reform Party |
Politics |
ERP |
Early Retirement Programme |
Policies & Programs |
ERP |
Everyday Rob People |
Law & Legal |
ERP |
Economic Rehabilitation Program |
Policies & Programs |
ERP |
Extended Refit Period |
Military |
ERP |
Extended Range Projectile |
Military |
Academic & Science
Acronym |
Meaning |
Classification |
ERP |
Emergency Response Planning |
Courses |
ERP |
Event Related Potential |
Research & Development |
ERP |
Effective Radiated Power |
Electrical |
ERP |
Energy Recovery Plant |
Electrical |
ERP |
Environmental Results Program |
Research & Development |
ERP |
Essential Research Program |
Research & Development |
ERP |
Emergency Receptacle Panel |
Electrical |
ERP |
Exact Reconstruction Principle |
Economics |
Messaging
Acronym |
Meaning |
Classification |
ERP |
Emergency Response Procedures |
Messaging |
Transport & Travel
Acronym |
Meaning |
Classification |
ERP |
Electronic Road Pricing |
Land Transport |
ERP |
Eastern Route Project |
Land Transport |
Sports
Acronym |
Meaning |
Classification |
ERP |
Effective Rating Points |
Sports |
ERP |
Early Racquet Preparation |
Sports |
ERP |
Enhanced Realistic Personality |
Sports |
Miscellaneous
Acronym |
Meaning |
Classification |
ERP |
Estimated Retail Price |
Chat & Messaging |
Computer and Networking
Acronym |
Meaning |
Classification |
ERP |
Ear Reference Point |
Computer and Networking |
ERP |
EOC Register Protocol |
Computer and Networking |
Stock Exchange
Acronym |
Meaning |
Classification |
ERP |
Exchange Rate Protection |
Stock Exchange |
Technology
Acronym |
Meaning |
Classification |
ERP |
Energy-related Products |
Energy & Recycling |
ERP |
Expensive Redundant Processing |
Tech Terms |
Associations & Organizations
Acronym |
Meaning |
Classification |
ERP |
European Recycling Platform |
Regional Organizations |
ERP |
Ecg Readers Program |
Regional Organizations |
News & Entertainment
Acronym |
Meaning |
Classification |
ERP |
Encyclopedia Of The Roman Provinces |
Journals & Publications |
ERP |
Engineer Reproduction Plant |
Music |
Military and Defence
Acronym |
Meaning |
Classification |
ERP |
Equipment Reception Party |
Military and Defence |
ERP |
Enroute Reporting Point |
Military and Defence |
Softwares
Acronym |
Meaning |
Classification |
ERP |
Envelope Return Path |
Softwares |
Electronics
Acronym |
Meaning |
Classification |
ERP |
Extended Range Pyrometer |
Electronics |
Maths
Acronym |
Meaning |
Classification |
ERP |
Error Reduction Parameter |
Maths |
Sports & Games
Acronym |
Meaning |
Classification |
ERP |
Estimated Runs Produced |
Baseball |
Frequently Asked Questions (FAQ)
Q. What does ERP stands for in Computing (Software & Applications)?
ERP stands for Enterprise Resource Planning in Computing (Software & Applications).
Q. How is “Enterprise Resource Planning” abbreviated?
“Enterprise Resource Planning” is abbreviated as ERP.
Q. What are the top popular abbreviations of ERP globally?
Enterprise Resource Planning | Exposure And Response Prevention | Equity Risk Premium | Emergency Response Plan | Emergency Response Planning
Similar Abbreviations & Terms
ERP meaning in all languages:
Check out ERP meaning in all languages as well here.
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