ERP stands for Enterprise Resource Planning. A modern and powerful ERP system helps companies – from small and medium-sized enterprises to large global corporations – to use their resources as efficiently as possible. ERP encompasses all core processes that are necessary to manage and control a company: This basically includes all business areas such as financial accounting and controlling, human resources, production, logistics, customer service, purchasing and procurement. A key advantage of an ERP landscape is the ability to manage all the associated processes and workflows in a single integrated system.