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ERP Internals/Glossary/Enterprise Resource Planning
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An Enterprise Resource Planning (ERP) package is a computer software package that integrates all departments and functions within an enterprise into a single, integrated system that maintains a single, integrated set of data. Any transaction entered in one area causes an immediate update in related areas. An ERP enables departments to share information and communicate with each other much better and more quickly using one consistent set of numbers available to all users.