---
title: ERP Archives
description: Home > ERP                          What is Enterprise Resource Planning (ERP)? ERP helps you: Serve numerous departments via numerous modules Save money and time through automation Increase collaboration with centralization Enhance communication with real-time data Monitor supply chain visibility with in-depth transparency Ensure compliance adheres to industry and regulatory methods Serve numerous departments via numerous modules ERP software is a solution that merges numerous front and back office functionalities into one system. The ideal ERP research enables you to add or integrate several department modules and systems for increased centralization and collaboration. Some standard ERP modules include:  Accounting Inventory Management Marketing Automation (MA) Customer Relationship Management (CRM) Human Resources (HR) When you possess ERP resources like accounting, HR, CRM and more, you can automate and keep tabs on everything. You can manage potential leads, perform bank reconciliations, distribute client invoices, govern employee payroll, replenish inventory and more. This system also supports other business sectors and practices, such as: Distribution Supply Chain Management (SCM) Manufacturing Product Lifecycle Management (PLM) Professional Services Automation (PSA) Business Intelligence (BI) Business Analytics (BA) Electronic Data Interchange (EDI) Computerized Maintenance Management System (CMMS) Save money and time through automation As previously mentioned, ERP enables you to automate repetitive tasks. When you allow this software to allocate invoices, reconcile data, analyze orders and more, you can focus on high-priority, administrative tasks. When you increase productivity, you save time and money. For example, suppose you own a shoe manufacturing company, and your shoelace material runs low. In this case, your inventory module can alert you before running out. Your ERP also enables you to buy suitable materials to avoid overstocking items. Enhance communication with real-time data Real-time data, one of many vital ERP resources, allows you to communicate and collaborate with departments accordingly. For example, the accounting department leader can input profits, losses, transactions and other financial information. Everyone can see it in real time. If updates are needed, the head of accounting can input the new information, and everyone will have the most up-to-date numbers. If you need monthly KPIs, analysts can relay information or share dashboards with you to make more informed choices. Communication is critical for any vital relationship. Real-time information ensures everyone stays on the same page at all times. Monitor supply chains with in-depth transparency The COVID-19 pandemic shifted our normal supply chain definition. The best way to combat supply chain insufficiencies is to know all the nooks and crannies and catch bottlenecks before they become significant issues. Thanks to the right supply chain management tools, you can monitor every supply chain aspect in real time. You can leverage analytics, warehouse management, planning and other features to ensure products arrive to distributors and clients on time. Some SCM tools even allow you to rate suppliers appropriately based on on-time deliveries and other KPIs. Ensure compliance adheres to industry and regulatory method All companies and warehouses follow industry, standard and local rules and regulations to remain in operation. Some laws change, and you need the ideal compliance management tools to keep you updated on revisions and updates. For example, you may own a frozen food manufacturing business. You could invest in food and beverage ERP to manage recipes and formulas, perform lot and batch tracking, and manage compliances. You can also invest in enterprise quality management software (EQMS) to ensure high-quality products with corrective and preventive action (CAPA), audit management, supplier supervision and employee training management. Another example may include owning an accounting firm or being a professional accountant. You must follow compliances like Generally Accepted Accounting Principles (GAAP), International Financial Reporting Standards (IFRS) and others. Contact Management Marketing and Campaign Management Email Integration Pricing and Tracking Salesforce Automation Pricing and Tracking Marketing Resource Management Order Management Some standard compliances include: FDA International Organization for Standardization (ISO) Code of Federal Regulations Following compliances ensures legitimacy and avoids temporary or immediate shutdown. Brief History The ERP concept came to fruition in the 1960s. The first ERP system was a material requirements planning (MRP) system to help manufacturers keep up with high production demand. SAP released its first ERP in 1972. Kinetic (formerly Epicor) and Infor’s SyteLine followed suit and remain software leaders. Gartner coined ERP in the 1990s, and the rest was history. Currently, companies are moving to cloud-based ERP solutions for better hosting, security and cheaper pricing. Different ERP Types ERP research says there are several types of this solution to implement and leverage for your business and industry. On-premise This deployment option allows software vendors to install ERPs on your company computers and servers. You’re in charge of calling in for maintenance, upgrading the solution and ensuring data protection. Most vendors offer support packages for 24/7 support, customer portals, materials and other ERP resources. This deployment option suits companies that have finite locations. On-premise is your best option if you’re an enterprise with one spot or a small business not looking for expansion. Cloud The cloud is one of ERP’s top buzzwords and trends. Vendors host software on their servers, and you can access it on any device anywhere via the internet. Cloud systems typically offer several security tactics to protect information from cybercriminals. Some techniques include: Two-step or Multi-factor authentication: Simple passwords are gateways to cybersecurity threats. In addition to long, complicated passwords, several other authentication methods add an extra security layer. Some examples include having codes sent to you via text message, using face or fingerprint recognition and security questions only you can answer. User Access Levels: Restricting and giving access to specific users (e.g., managers and supervisors) ensures sensitive data is only accessible to responsible, long-time employees instead of recruits. Data Encryption: Scramble your data in an unreadable code with this tactic. The only way to unjumble information is with an encryption key. Ask vendors about these and other security measures that they implement. If vendors don’t offer security measures, declare them a red flag in your software selection process and move on. Hybrid Hybrid deployment merges the best of cloud and on-premise characteristics. Companies can install core programs on-site while leveraging the cloud for additional features such as the “latest and greatest” add-ons. Two-tier Two-tier ERP means that a business simultaneously runs two merged solutions. Businesses leverage this option when they have several subsidiaries and locations. One of many ERP resources, two-tier is a newer concept that more companies are slowly adopting. Open-source Lastly, open-source ERP is a solution that lets you tailor the solution’s source code with specific capabilities and tools to meet your organization’s goals. Some people confuse open-source and free solutions. Usually, open-source ERP is free and publicly available. But ERP research says not all free ERP is open source. Some vendors make free solutions, but you can’t change the source code; you take the program as is or look for add-on modules. Open-source solutions come with pros and cons. Some pros include customization management, vendor independence, community support and scalability. Some cons include coding complexities, lack of community support knowledge and lacking a vendor to ask for updates and maintenance. How To Choose the Right ERP System It’s no cakewalk to choose the right ERP system for your business if you don’t have a plan. SelectHub has you covered with our nine-step software selection process called Lean Selection. Let’s run down each step in this methodology: Establish: Conduct an internal survey of why you need a new solution. Are you not receiving real-time information? Is company collaboration discombobulated? Collaborate: Formulate a software selection team of department leaders, all stakeholders, IT personnel and more. Define: Meet with your selection team to draft a requirements list. Distribute: Analyze several software suppliers that match your requirements list. Justify: Sit down with your team and determine if you need a new solution, add-on modules for your existing software or to end your software quest. Prove: Ask vendors for demos, use cases and more to effectively showcase functionality performance. Rank: Assort and arrange at least two to three potential vendors according to their demo scores and total cost of ownership (TCO). Negotiate: Evaluate and barter terms and contracts with your ideal vendor. Seek legal counsel if the agreement seems skimpy. Redo this step with the following vendor if you and the provider can’t reach a compromise. Sign: Sign the contract and establish an implementation plan. Implementation Steps Initiating a sound implementation plan ensures a smooth installation. Like Lean Selection, our implementation steps are straightforward to follow. Create a Team and a Plan: Build an internal committee with a project manager, executive sponsor, implementation partner, end-users and more. Initiate a change management plan and implementation timeline for system tests, cost estimates, training and ROI measurements. Budget: Develop and modify your budget as needed. ERP costs range from a few hundred dollars to $100,000, depending on the vendor and system. ERP research and experts say to account for factors like the number of users, customizations, deployment methods, training, upgrades and maintenance, time and productivity. Transfer Data: Migrating existing data to the new solution takes careful execution. One wrong move can cause misinformation across your inventory, supply chain and deliveries. Allow your IT team or data scientist to comb through any duplicate or unnecessary information before conducting the migration. Establish Training Sessions: Ask vendors for training materials (videos, webinars, courses and other ERP resources) for end-users. It’s vital to train before and after going live with the system. Test the System and Go Live: Test the ERP before going live to ensure the interface, features and navigation work well. Perform Post-go-Live Duties: Verify your ROI, employee productivity, client satisfaction, KPIs, maintenance and continuous end-user training. It’s essential to perform your implementation plan in phases and to mark milestones along the way before going live. Disadvantages Everything has pros and cons, even ERP software. Here are a few drawbacks to purchasing an ERP and how to overcome them. Cost As aforementioned, ERP systems can range from $100 to $100,000. Sometimes more, depending on the vendor. When ERPs first launched, they served as a one-size-fits-all model for enterprises. It was difficult for small and mid-sized businesses to obtain ERPs because of the price tags and functionality overabundances. However, as time progressed, cloud systems offered affordable subscription plans. The market has an overflood of postmodern ERP systems that cater to all business sizes and customization options to accommodate all needs. Complexity Some people find learning an ERP complex, especially those who use spreadsheets and other disparate systems. Vendors typically offer in-depth training materials, webinars, how-to videos and articles, community forums and more. You can even take certification classes to become an expert. Slow Implementation Process Implementation tasks can run anywhere from six months to a year, depending on your company size and the vendor. There’s no workaround for this drawback. As mentioned in the previous section, the best way to prepare for implementations is to have a plan, establish a budget and account for numerous monetary and non-monetary tasks. FAQs What does ERP stand for? ERP stands for enterprise resource planning. It means that enterprises plan all of their resources in one centralized system. What is an ERP system? An ERP system is a solution consisting of several modules and functionalities that serve numerous business departments, from marketing and accounting to CRM, manufacturing, supply chain management and more. You can customize the solution with additional add-on features and choose the ideal deployment option to align with your workflows. What’s the difference between ERP and MRP? In our comparison of ERP vs. MRP, we’ve discovered that MRP focuses on the manufacturing sphere while ERP serves manufacturing, CRM, finances, marketing and other sectors. MRP users typically consist of manufacturing experts, employees, managers and supervisors. Numerous people can use an ERP, from the HR leader to the person in charge of inventory. MRP system features only consist of manufacturing-specific tools like BOM management, capacity planning, master production scheduling and the like, with a few tools for inventory and accounting. ERP has a massive list of tools to streamline tasks. What are the best ERP components? ERP research says the most common software components and modules are: HR CRM BI SCM Inventory Management Accounting/Financial Management Typically, every company uses all or most of these components to meet their needs, improve customer satisfaction and make vital business choices. Why do I need ERP? Managing software and other ERP resources have advantages and disadvantages. Here are several reasons why you should invest in ERP: Serves numerous departments Saves money Boosts productivity Enhances customer service Establishes collaboration and communication Monitors supply chains Adheres to compliances Gives your company a competitive advantage Provides scalability and flexibility Does ERP serve any business size? Whether you’re an entrepreneur, a Fortune 500 CEO or somewhere in between, there’s an ERP for any size. Most ERP solutions scale with your company as you grow in employees, locations, machinery and other assets. How much does ERP cost? ERPs range from $100 to $100,000 and more. Establish a flexible budget because of factors like customizations, add-on features, deployment, maintenance, implementation and more. Check out our in-depth pricing guide for popular ERP prices. How Do I Select an ERP System? Finding the best ERP requires patience, time and an effective plan. SelectHub’s nine-step Lean Selection methodology demonstrates how to find a solution and work with vendors: Establish Collaborate Define Distribute Justify Prove Rank Negotiate Sign Performing ERP research and having solid selection and implementation plans ensure you’ll find the right ERP system that matches your company’s objectives. For more features, review our requirements template. If you want to see more solutions and industries, take a look at our thorough comparison guide. Have a question about which software vendor is right for you? We’d love to help! Contact our team for individualized recommendations by messaging support@selecthub.com or calling 855-850-3850. Read More       Resources for Software Selection      ERP Software ERP Software Requirements Template In-Depth Comparison Report Pricing Guide   Accounting & Financial Management Distribution Management EDI Field Service Management Product Lifecycle Management Manufacturing Management Professional Services Automation      Most Popular Articles    ERP vs CRM: Comparison of the Difference Between Them 2 views ERP Implementation: Know the Plan, Process, Budgeting, Training and More 2 views The Ultimate Visibility ERP Review For 2026 2 views PLM And ERP: A Comprehensive Guide 1 view ERP Case Study: How ERP Software Can Affect Your Business 1 view               Recent Articles   Recent PostsThe 10 Best ERP Software of 2026What Is Project-Based ERP? Overview and FeaturesThe Ultimate IFS Cloud Review Of 2026Epicor vs NetSuite: Which ERP Software is the Winner? See More                             Research and Reports                             Quickly find the best assets available for your ERP selection research here. Our Market Research Analysts have clearly summarized and reviewed each asset to help you select only the assets you need.    ERP Price Guide – Asset Repo        Preview & Request     Visibility ERP vs Top Four Alternatives Top 5 Food Manufacturing ERP Systems for Ultimate Performance How to Crack the Pricing Code to Enterprise Software Top 10 ERP Systems Pricing Guide How to Successfully Approach ERP Software Implementation How To Approach Your ERP Selection During The Pandemic Infor Syteline and Alternatives Top Cloud ERP System Comparison ERP Software Requirements: Manufacturing ERP Checklist SAP vs. Oracle ERP Systems: Head-to-Head Manufacturing ERP Showdown: Oracle vs. Infor – ERP Software Competitive Report Top ERP Software for Discrete Manufacturing How to Avoid Confusion During ERP Demos What Is Cloud-Based ERP? SaaS vs On-premise ERP Software: Understand The Difference Top 8 Myths About ERP Implementation Six Business Challenges Addressed by Enterprise Resource Planning Understanding Cloud ERP for Non-IT Executives KPI Playbook for Modern Manufacturing Selecting an ERP System in 7 Easy Steps Writing a Better ERP RFP                                                                   Confidence Comes from Data ERP software selection is complex and beset with problems for both IT buyers and solution providers. We do 3 things to make it fast and simple:   FREE Software Selection Platform Our platform provides best-practices, including requirements templates & vendor comparisons, to help you make the right decisions for your unique needs, in a fraction of the time. Try it FREE. Start Selecting Software    Aggregated Reviews We have collected every software review available online, crunched every last word using our proprietary Sentiment Analysis algorithms, all so we can tell you how a software product is viewed in its marketplace, retrospectively. Get ERP Software Reviews    Professional Analysis We relentlessly collect and analyze data about software, then compile and share it so every company has the same access to the information. The information we gain is then used in our Software Selection platform to help you find the right software. See Analyst’s Top ERP Software Picks                                        Your Guides   Our industry journalists proudly distill the helpful information you read on SelectHub, always on the mission to share what matters so you can make your best decisions independently. ERP articles are written and edited by:                        Zachary Totah Content Manager As SelectHub’s Content Manager, Zachary Totah leads a team of more than 35 writers and editors in their quest to provide content that helps software buyers find the right system for their company. Show More                        Hunter Lowe Content Editor and Senior Market Analyst Hunter Lowe is a Content Editor and Senior Market Analyst at SelectHub. He writes content for Construction, Inventory, Warehouse, and Supply Chain Management. Show More                        Khaleel Hayes Market Analyst Khaleel Hayes is a Market Analyst for SelectHub who crafts content for manufacturing, PLM, PSA, and Construction ERP. Show More   Thought Leaders   SelectHub has sought out and invited thought leaders to contribute to our ERP Industry articles and resources. These thought leaders ensure we deliver quality content with the most accurate information, focusing on what matters most. No thought leader is compensated for their contributions, but shares our belief that information should be democratized so everyone can make the best decision.                        Laurie McCabe Co-founder and Partner, SMB Group Laurie brings more than 25 years of experience in the IT industry to her current role as Cofounder & Partner, SMB Group.      Show More   ×       Laurie McCabe  Co-founder and Partner, SMB Group   Laurie brings more than 25 years of experience in the IT industry to her current role as Cofounder & Partner, SMB Group. Laurie has built widespread recognition for her insights in the small and medium business (SMB) technology market.  Prior to SMB Group, Laurie worked in analyst roles as a Partner at Hurwitz & Associates; Vice President of SMB Insights & Solutions at AMI-Partners; and Vice President at Summit Strategies, where her original research of the emerging cloud computing model earned her broad recognition as a thought leader in this area. Laurie’s nine years at Digital Equipment Corporation, including her last role as Director of Market and Competitive Intelligence, provide her with critical experience from the vendor perspective.  Laurie is a six-time Small Business Influencer Awards winner; has been recognized as one of the 50 Most Influential People in Small Business Marketing by AllBusiness; and is a member of Dun & Bradstreet’s B2B Expert Community. Laurie blogs often at LaurieMccabe.com, speaks regularly at industry events, and has over 17,000 followers on Twitter.                              Lisa Anderson Founder and President, LMA Consulting Group Lisa Anderson is the founder and president of LMA Consulting Group, a consulting firm that specializes in manufacturing strategy, end-to-end supply chain transformation      Show More   ×       Lisa Anderson  Founder and President, LMA Consulting Group   Lisa Anderson is the founder and president of LMA Consulting Group, a consulting firm that specializes in manufacturing strategy, end-to-end supply chain transformation and technology adoption that maximizes the customer experience and enables profitable, scalable, dramatic business growth. Lisa has been named in the Top 46 most influential in Supply Chain by SAP, a Top 40 B2B Tech Influencer by Arketi Group and a Top 50 ERP Influencer by Washington-Frank. She recently published, 'I’ve Been Thinking,' an inspiring collection of 101 strategies for creating bold customer promises and profits.                              Eric Kimberling CEO, Third Stage Consulting Eric Kimberling is one of the most recognized and respected independent ERP systems experts in the world, giving unbiased advice to clients for over 20 years.      Show More   ×       Eric Kimberling  CEO, Third Stage Consulting   Eric Kimberling is one of the most recognized and respected independent ERP systems experts in the world, giving unbiased advice to clients for over 20 years. Eric has been quoted in thousands of articles in newspapers, magazines, and books, including the Wall Street Journal, CIO Magazine and Fortune. He has served as the expert witness in the industry’s highest-profile legal cases, representing both government and private companies across the globe.                            Ed Cowsar CEO, OspreyData Ed’s more than 30 years of leadership and success in a variety of industries includes a unique combination of expertise and experience with product design, sales, engineering, operations,      Show More   ×       Ed Cowsar  CEO, OspreyData   Ed’s more than 30 years of leadership and success in a variety of industries includes a unique combination of expertise and experience with product design, sales, engineering, operations, change management and innovation for technology and services firms, as well as highly-regulated industries. He is CEO of OspreyData which is a software company that provides a cloud based Production Optimization Platform in Upstream Oil and Gas. The OspreyData platform leverages Artificial Intelligence to lower maintenance costs and optimize oil production and processes for Production and Facilities Engineers.                                       David Haimes Senior Director, ERP Cloud Development David Haimes is a senior director in the Oracle Cloud Applications Research and Development Organization, focusing on next-generation functional and technical architecture.      Show More   ×       David Haimes  Senior Director, ERP Cloud Development   David Haimes is a senior director in the Oracle Cloud Applications Research and Development Organization, focusing on next-generation functional and technical architecture. With close to 20 years at Oracle, Haimes has held various roles working on the development of the Financial Management product suite. He began at Oracle in the UK, building features for EMEA. In 2000, he moved to Oracle HQ in the Silicon Valley to lead a number of initiatives for the Fusion Cloud Financials Suite and develop products from the ground up for the cloud. Most recently, Haimes drove the design, build and launch of the Accounting Hub Reporting Cloud Service.  In his current role, Haimes is tasked with developing the vision and strategy for Oracle’s financial management system. He is leading the efforts across all applications development on Blockchain and Distributed Ledger Technology. His areas of interest include Blockchain, NLP, Chatbots, AI and Machine Learning, and new UX paradigms.                              David Dozer President of Blaze IT David Dozer is a Business consulting and ERP specialist with more than 15 years of experience in the enterprise software realm.      Show More   ×       David Dozer  President of Blaze IT   David Dozer is a Business consulting and ERP specialist with more than 15 years of experience in the enterprise software realm. He has dedicated his career to helping SMBs implement software and process solutions that meet real-world business needs. David has prior experience in IT Leadership roles, Consulting Management and ERP Product Management. In his current role as President of Blaze IT, David helps small and mid-sized distribution and manufacturing companies leverage cloud ERP solutions such as Acumatica to streamline their processes and consolidate critical business data into one easy to manage system.                              Shelly Gore ERP Architect, A Bigger View Shelly Gore is CEO and co-founder of A Bigger View. For over 25 years, she successfully designed and implemented complex IT and Cloud-Based ERP systems for corporations in North America and Europe.      Show More   ×       Shelly Gore  ERP Architect, A Bigger View   Shelly Gore is CEO and co-founder of A Bigger View. For over 25 years, she successfully designed and implemented complex IT and Cloud-Based ERP systems for corporations in North America and Europe. At Oracle’s OpenWorld and SuiteWorld conferences, Shelly presents on global supply chain, advanced manufacturing, continuous improvement, mobile apps for operational efficiency, warehousing and quality best practices. She is a Thought Leader for the National Science Foundation’s Center of Excellence in IT and serves on the Council of Business Advisors for the Santa Fe Business Incubator.                              Grady Brett Beaubouef Business Value Realization Director, Oracle Grady Brett Beaubouef is an ERP expert with 20 years of industry experience. He works as a Business Value Realization Director at Oracle      Show More   ×       Grady Brett Beaubouef  Business Value Realization Director, Oracle   Grady Brett Beaubouef is an ERP expert with 20 years of industry experience. He works as a Business Value Realization Director at Oracle, where he helps executives define their business and technology strategies. Beaeubouef is also the author of "Maximize Your Investment: 10 Key Strategies for Effective Packaged Software Implementations".                                        Harsha Sarjapur Co-founder, InfoSourcing Harsha Sarjapur is the co-founder of InfoSourcing Inc., an ERP solution provider that assists businesses of all sizes with the implementation of ERP solutions.      Show More   ×       Harsha Sarjapur  Co-founder, InfoSourcing   Harsha Sarjapur is the co-founder of InfoSourcing Inc., an ERP solution provider that assists businesses of all sizes with the implementation of ERP solutions. He has worked in the ERP industry for the last 20 years. His company is an Acumatica certified partner and was recognized as an Acumatica MVP from 2016-2019.                            Erik Kiser CEO, Orderful At 25 Erik started a consulting firm focused on writing EDI and B2B integrations for manufacturers. Through scaling the company he realized that there is a great opportunity      Show More   ×       Erik Kiser  CEO, Orderful   At 25 Erik started a consulting firm focused on writing EDI and B2B integrations for manufacturers. Through scaling the company he realized that there is a great opportunity to improve business for the manufacturers by providing a software hub approach. Orderful, Erik's second venture, started a few years later. Orderful has successfully raised funding from prestigious venture capital firms including Andreessen Horowitz, and is on a path to improve B2B and EDI trading for the world.                              Chuck Langenhop Senior Director, CFO Advisory Services Chuck Langenhop is Senior Director with CFO Advisory Services in Richardson, Texas. His experience includes change management, process reengineering, ERP selection and implementation, and financial planning & analysis.      Show More   ×       Chuck Langenhop  Senior Director, CFO Advisory Services   Chuck Langenhop is Senior Director with CFO Advisory Services in Richardson, Texas. His experience includes change management, process reengineering, ERP selection and implementation, and financial planning & analysis. He works with diverse industries including discrete manufacturing, distribution, field service, food processing, and medical devices. Chuck presented at the annual Sage Software Summit and participated in web panels sponsored by CFO magazine and an Infor partner on topics related to ERP selections, functionality trends, and project management. Chuck has been interviewed by CFO, Compliance Week, and Network World. He is a Certified Management Accountant and holds an MBA from Rice University.                              Sam Gupta Principal Consultant, ElevatIQ, & Host, WBSRocks Sam Gupta has been a ERP thought leader in the digital transformation space for nearly two decades, with the primary focus on financial systems and ERP.      Show More   ×       Sam Gupta  Sam Gupta, Principal Consultant, ElevatIQ, & Host, WBSRocks   Sam Gupta has been a ERP thought leader in the digital transformation space for nearly two decades, with the primary focus on financial systems and ERP. Sam is rated among top 3 thought leaders in the ERP category and top 15 in the digital transformation category on Thinkers 360. He has been part of large transformation initiatives for fortune-500 corporations but now spends his time consulting with SMEs as a Principal Consultant at ElevatIQ. Sam regularly speaks at industry conferences and contributes his experiences through many popular blogs and publications. He also hosts a podcast called WBSRocks focused on business growth through digital transformation and ERP where he interviews top influencers and executives focused on digital transformation.                                                                                                      Most Recent Articles
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[Home](https://www.selecthub.com/) \> ERP 

![What is ERP?](https://www.selecthub.com/wp-content/uploads/2022/08/ERP-Header.jpg) 

# What is Enterprise Resource Planning (ERP)?

## ERP helps you:

* Serve numerous departments via numerous modules
* Save money and time through automation
* Increase collaboration with centralization
* Enhance communication with real-time data
* Monitor supply chain visibility with in-depth transparency
* Ensure compliance adheres to industry and regulatory methods

### Serve numerous departments via numerous modules

[ERP software](https://www.selecthub.com/erp-software/) is a solution that merges numerous front and back office functionalities into one system. The ideal ERP research enables you to add or integrate several department modules and systems for increased centralization and collaboration.

Some standard [ERP modules](https://www.selecthub.com/enterprise-resource-planning/top-5-common-erp-modules/) include:

* [Accounting](https://www.selecthub.com/accounting-software/)
* [Inventory Management](https://www.selecthub.com/inventory-management-software/)
* [Marketing Automation (MA)](https://www.selecthub.com/marketing-automation-software/)
* [Customer Relationship Management (CRM)](https://www.selecthub.com/c/crm-software/)
* [Human Resources (HR)](https://www.selecthub.com/hr-management-software/)

When you possess ERP resources like accounting, HR, CRM and more, you can automate and keep tabs on everything. You can manage potential leads, perform bank reconciliations, distribute client invoices, govern employee payroll, replenish inventory and more.

This system also supports other business sectors and practices, such as:

* [Distribution](https://www.selecthub.com/category/distribution/)
* [Supply Chain Management (SCM)](https://www.selecthub.com/category/supply-chain-management/)
* [Manufacturing](https://www.selecthub.com/category/manufacturing/)
* [Product Lifecycle Management (PLM)](https://www.selecthub.com/category/plm/)
* [Professional Services Automation (PSA)](https://www.selecthub.com/category/professional-services-automation/)
* [Business Intelligence (BI)](https://www.selecthub.com/category/business-intelligence/)
* [Business Analytics (BA)](https://www.selecthub.com/category/business-analytics/)
* [Electronic Data Interchange (EDI)](https://www.selecthub.com/category/electronic-data-interchange/)
* [Computerized Maintenance Management System (CMMS)](https://www.selecthub.com/category/cmms/)

### Save money and time through automation

As previously mentioned, ERP enables you to automate repetitive tasks. When you allow this software to allocate invoices, reconcile data, analyze orders and more, you can focus on high-priority, administrative tasks. When you increase productivity, you save time and money.

For example, suppose you own a shoe manufacturing company, and your shoelace material runs low. In this case, your inventory module can alert you before running out. Your ERP also enables you to buy suitable materials to avoid overstocking items.

### Enhance communication with real-time data

Real-time data, one of many vital ERP resources, allows you to communicate and collaborate with departments accordingly.

For example, the accounting department leader can input profits, losses, transactions and other financial information. Everyone can see it in real time. If updates are needed, the head of accounting can input the new information, and everyone will have the most up-to-date numbers.

If you need monthly [KPIs](https://www.qlik.com/us/kpi), analysts can relay information or share dashboards with you to make more informed choices.

Communication is critical for any vital relationship. Real-time information ensures everyone stays on the same page at all times.

### Monitor supply chains with in-depth transparency

The COVID-19 pandemic shifted our [normal supply chain](https://www.nytimes.com/2022/02/01/business/supply-chain-disruption.html) definition. The best way to combat supply chain insufficiencies is to know all the nooks and crannies and catch bottlenecks before they become significant issues.

Thanks to the right supply chain management tools, you can monitor every supply chain aspect in real time. You can leverage analytics, [warehouse management](https://www.selecthub.com/warehouse-management-software/), planning and other [features](https://www.selecthub.com/supply-chain-management/supply-chain-management-software-features-requirements/) to ensure products arrive to distributors and clients on time.

Some SCM tools even allow you to rate suppliers appropriately based on on-time deliveries and other KPIs.

### Ensure compliance adheres to industry and regulatory method

All companies and warehouses follow industry, standard and local rules and regulations to remain in operation. Some laws change, and you need the ideal compliance management tools to keep you updated on revisions and updates.

For example, you may own a frozen food manufacturing business. You could invest in [food and beverage ERP](https://www.selecthub.com/enterprise-resource-planning/erp-food-beverage-industry/) to manage recipes and formulas, perform lot and batch tracking, and manage compliances. You can also invest in [enterprise quality management software (EQMS)](https://www.selecthub.com/manufacturing/enterprise-quality-management-software/) to ensure high-quality products with corrective and preventive action (CAPA), audit management, supplier supervision and employee training management.

Another example may include owning an accounting firm or being a professional accountant. You must follow compliances like [Generally Accepted Accounting Principles (GAAP)](https://www.investopedia.com/terms/g/gaap.asp), [International Financial Reporting Standards (IFRS)](https://www.ifrs.org/) and others.

* Contact Management
* Marketing and Campaign Management
* Email Integration
* Pricing and Tracking
* Salesforce Automation
* Pricing and Tracking
* Marketing Resource Management
* Order Management

Some standard compliances include:

* [FDA](https://www.fda.gov/)
* [International Organization for Standardization (ISO)](https://www.iso.org/home.html)
* [Code of Federal Regulations](https://www.govinfo.gov/app/collection/cfr)

Following compliances ensures legitimacy and avoids temporary or immediate shutdown.

## Brief History

The ERP concept came to fruition in the 1960s. The first ERP system was a [material requirements planning (MRP) system](https://www.selecthub.com/enterprise-resource-planning/standalone-material-requirements-planning-software/) to help manufacturers keep up with high production demand. [SAP released its first ERP in 1972](https://www.sap.com/about/company/history/1972-1980.html). [Kinetic (formerly Epicor)](https://www.selecthub.com/manufacturing-software/kinetic/) and Infor’s [SyteLine followed suit](https://www.selecthub.com/erp-software/syteline/) and remain software leaders. Gartner coined ERP in the 1990s, and the rest was history.

Currently, companies are moving to cloud-based ERP solutions for better hosting, security and cheaper pricing.

## Different ERP Types

ERP research says there are several types of this solution to implement and leverage for your business and industry.

### On-premise

This deployment option allows software vendors to install ERPs on your company computers and servers. You’re in charge of calling in for maintenance, upgrading the solution and ensuring data protection. Most vendors offer support packages for 24/7 support, customer portals, materials and other ERP resources.

This deployment option suits companies that have finite locations. On-premise is your best option if you’re an enterprise with one spot or a small business not looking for expansion.

### Cloud

The cloud is one of ERP’s top buzzwords and [trends](https://www.selecthub.com/enterprise-resource-planning/erp-trends/). Vendors host software on their servers, and you can access it on any device anywhere via the internet. Cloud systems typically offer several security tactics to protect information from cybercriminals. Some techniques include:

* **Two-step or Multi-factor authentication:** Simple passwords are gateways to cybersecurity threats. In addition to long, complicated passwords, several other authentication methods add an extra security layer. Some examples include having codes sent to you via text message, using face or fingerprint recognition and security questions only you can answer.
* **User Access Levels:** Restricting and giving access to specific users (e.g., managers and supervisors) ensures sensitive data is only accessible to responsible, long-time employees instead of recruits.
* **Data Encryption:** Scramble your data in an unreadable code with this tactic. The only way to unjumble information is with an [encryption key](https://www.ibm.com/docs/en/ts11xx-tape-drive?topic=STPRH6/com.ibm.storage.drives.doc/top%5Ftscom%5Freuse%5Fencryptoview%5Fkeys.html).

Ask vendors about these and other security measures that they implement. If vendors don’t offer security measures, declare them a red flag in your software selection process and move on.

### Hybrid

Hybrid deployment merges the best of cloud and on-premise characteristics. Companies can install core programs on-site while leveraging the cloud for additional features such as the “latest and greatest” add-ons.

### Two-tier

Two-tier ERP means that a business simultaneously runs two merged solutions. Businesses leverage this option when they have several subsidiaries and locations. One of many ERP resources, two-tier is a newer concept that more companies are slowly adopting.

### Open-source

Lastly, [open-source ERP](https://www.selecthub.com/enterprise-resource-planning/pros-cons-open-source-erp-software/) is a solution that lets you tailor the solution’s source code with specific capabilities and tools to meet your organization’s goals.

Some people confuse open-source and free solutions. Usually, open-source ERP is free and publicly available. But ERP research says not all free ERP is open source. Some vendors make free solutions, but you can’t change the source code; you take the program as is or look for add-on modules.

Open-source solutions come with pros and cons. Some pros include customization management, vendor independence, community support and scalability. Some cons include coding complexities, lack of community support knowledge and lacking a vendor to ask for updates and maintenance.

## How To Choose the Right ERP System

It’s no cakewalk to choose the right ERP system for your business if you don’t have a plan. SelectHub has you covered with our nine-step software selection process called [Lean Selection](https://www.selecthub.com/miscellaneous/technology-selection/software-evaluation/). Let’s run down each step in this methodology:

1. **Establish:** Conduct an internal survey of why you need a new solution. Are you not receiving real-time information? Is company collaboration discombobulated?
2. **Collaborate:** Formulate a software selection team of department leaders, all stakeholders, IT personnel and more.
3. **Define:** Meet with your selection team to draft a requirements list.
4. **Distribute:** Analyze several software suppliers that match your requirements list.
5. **Justify:** Sit down with your team and determine if you need a new solution, add-on modules for your existing software or to end your software quest.
6. **Prove:** Ask vendors for demos, use cases and more to effectively showcase functionality performance.
7. **Rank:** Assort and arrange at least two to three potential vendors according to their demo scores and total cost of ownership (TCO).
8. **Negotiate:** Evaluate and barter terms and contracts with your ideal vendor. Seek legal counsel if the agreement seems skimpy. Redo this step with the following vendor if you and the provider can’t reach a compromise.
9. **Sign:** Sign the contract and establish an [implementation plan](https://www.selecthub.com/enterprise-resource-planning/whats-best-way-implement-erp/).

## Implementation Steps

Initiating a sound implementation plan ensures a smooth installation. Like Lean Selection, our implementation steps are straightforward to follow.

1. **Create a Team and a Plan:** Build an internal committee with a project manager, executive sponsor, implementation partner, end-users and more. Initiate a change management plan and implementation timeline for system tests, cost estimates, training and [ROI](https://www.businessnewsdaily.com/4659-what-is-roi.html) measurements.
2. **Budget:** Develop and modify your budget as needed. [ERP costs](https://www.selecthub.com/enterprise-resource-planning/erp-cost/) range from a few hundred dollars to $100,000, depending on the vendor and system. ERP research and experts say to account for factors like the number of users, customizations, deployment methods, training, upgrades and maintenance, time and productivity.
3. **Transfer Data:** Migrating existing data to the new solution takes careful execution. One wrong move can cause misinformation across your inventory, supply chain and deliveries. Allow your IT team or data scientist to comb through any duplicate or unnecessary information before conducting the migration.
4. **Establish Training Sessions:** Ask vendors for training materials (videos, webinars, courses and other ERP resources) for end-users. It’s vital to train before and after going live with the system.
5. **Test the System and Go Live:** Test the ERP before going live to ensure the interface, features and navigation work well.
6. **Perform Post-go-Live Duties:** Verify your ROI, employee productivity, client satisfaction, KPIs, maintenance and continuous end-user training.

It’s essential to perform your implementation plan in phases and to mark milestones along the way before going live.

## Disadvantages

Everything has pros and cons, even ERP software. Here are a few drawbacks to purchasing an ERP and how to overcome them.

### Cost

As aforementioned, ERP systems can range from $100 to $100,000\. Sometimes more, depending on the vendor. When ERPs first launched, they served as a one-size-fits-all model for enterprises. It was difficult for small and mid-sized businesses to obtain ERPs because of the price tags and functionality overabundances.

However, as time progressed, cloud systems offered affordable subscription plans. The market has an overflood of postmodern ERP systems that cater to all business sizes and customization options to accommodate all needs.

### Complexity

Some people find learning an ERP complex, especially those who use spreadsheets and other disparate systems.

Vendors typically offer in-depth training materials, webinars, how-to videos and articles, community forums and more. You can even take certification classes to become an expert.

### Slow Implementation Process

Implementation tasks can run anywhere from six months to a year, depending on your company size and the vendor. There’s no workaround for this drawback.

As mentioned in the previous section, the best way to prepare for implementations is to have a plan, establish a budget and account for numerous monetary and non-monetary tasks.

## FAQs

### What does ERP stand for?

ERP stands for enterprise resource planning. It means that enterprises plan all of their resources in one centralized system.

### What is an ERP system?

An ERP system is a solution consisting of several modules and functionalities that serve numerous business departments, from marketing and accounting to CRM, manufacturing, supply chain management and more. You can customize the solution with additional add-on features and choose the ideal deployment option to align with your workflows.

### What’s the difference between ERP and MRP?

In our comparison of [ERP vs. MRP](https://www.selecthub.com/enterprise-resource-planning/mrp-vs-erp-differences-between-systems/), we’ve discovered that MRP focuses on the manufacturing sphere while ERP serves manufacturing, CRM, finances, marketing and other sectors. MRP users typically consist of manufacturing experts, employees, managers and supervisors. Numerous people can use an ERP, from the HR leader to the person in charge of inventory.

MRP system features only consist of manufacturing-specific tools like BOM management, capacity planning, master production scheduling and the like, with a few tools for inventory and accounting. ERP has a massive list of tools to streamline tasks.

### What are the best ERP components?

ERP research says the most common [software components](https://www.selecthub.com/enterprise-resource-planning/6-main-erp-components/) and [modules](https://www.selecthub.com/enterprise-resource-planning/top-5-common-erp-modules/) are:

* HR
* CRM
* BI
* SCM
* Inventory Management
* Accounting/Financial Management

Typically, every company uses all or most of these components to meet their needs, improve customer satisfaction and make vital business choices.

### Why do I need ERP?

Managing software and other ERP resources have [advantages and disadvantages](https://www.selecthub.com/enterprise-resource-planning/erp-advantages-and-disadvantages/). Here are several reasons why you should invest in ERP:

* Serves numerous departments
* Saves money
* Boosts productivity
* Enhances customer service
* Establishes collaboration and communication
* Monitors supply chains
* Adheres to compliances
* Gives your company a competitive advantage
* Provides scalability and flexibility

### Does ERP serve any business size?

Whether you’re an entrepreneur, a Fortune 500 CEO or somewhere in between, there’s an ERP for any size. Most ERP solutions scale with your company as you grow in employees, locations, machinery and other assets.

### How much does ERP cost?

ERPs range from $100 to $100,000 and more. Establish a flexible budget because of factors like customizations, add-on features, deployment, maintenance, implementation and more. Check out our in-depth [pricing guide](https://pmo.selecthub.com/erp-price-report-site-vers/) for popular ERP prices.

## How Do I Select an ERP System?

Finding the best ERP requires patience, time and an effective plan. SelectHub’s nine-step Lean Selection methodology demonstrates how to find a solution and work with vendors:

1. Establish
2. Collaborate
3. Define
4. Distribute
5. Justify
6. Prove
7. Rank
8. Negotiate
9. Sign

Performing ERP research and having solid selection and implementation plans ensure you’ll find the right ERP system that matches your company’s objectives. For more features, review our [requirements template](https://pmo.selecthub.com/erp-requirements-template-site-vers/). If you want to see more solutions and industries, take a look at our thorough [comparison guide](https://pmo.selecthub.com/top-erp-software-site-vers/).

Have a question about which software vendor is right for you? We’d love to help! Contact our team for individualized recommendations by messaging [support@selecthub.com](mailto:support@selecthub.com) or calling [855-850-3850](tel:855-850-3850).

Read More

## Resources for Software Selection

[ERP Software ](https://www.selecthub.com/c/erp-software/)

[ERP Software Requirements Template ](https://pmo.selecthub.com/erp-requirements-template-site-vers/)

[In-Depth Comparison Report ](https://pmo.selecthub.com/top-erp-software-site-vers/)

**Pricing Guide** 

[Accounting & Financial Management](https://www.selecthub.com/category/accounting/)

[Distribution Management](https://www.selecthub.com/category/distribution/)

[EDI](https://www.selecthub.com/category/electronic-data-interchange/)

[Field Service Management](https://www.selecthub.com/category/field-service-management/)

[Product Lifecycle Management](https://www.selecthub.com/category/plm/)

[Manufacturing Management](https://www.selecthub.com/category/manufacturing/)

[Professional Services Automation](https://www.selecthub.com/category/professional-services-automation/) 

## Most Popular Articles

* [ERP vs CRM: Comparison of the Difference Between Them](https://www.selecthub.com/enterprise-resource-planning/difference-between-erp-and-crm/) 2 views
* [ERP Implementation: Know the Plan, Process, Budgeting, Training and More](https://www.selecthub.com/enterprise-resource-planning/whats-best-way-implement-erp/) 2 views
* [The Ultimate Visibility ERP Review For 2026](https://www.selecthub.com/enterprise-resource-planning/visibility-erp-review/) 2 views
* [PLM And ERP: A Comprehensive Guide](https://www.selecthub.com/enterprise-resource-planning/plm-erp/) 1 view
* [ERP Case Study: How ERP Software Can Affect Your Business](https://www.selecthub.com/enterprise-resource-planning/erp-case-study/) 1 view

## Recent Articles

Recent Posts

* ### [The 10 Best ERP Software of 2026](https://www.selecthub.com/enterprise-resource-planning/best-erp-software/)
* ### [What Is Project-Based ERP? Overview and Features](https://www.selecthub.com/enterprise-resource-planning/project-based-erp/)
* ### [The Ultimate IFS Cloud Review Of 2026](https://www.selecthub.com/enterprise-resource-planning/ifs-cloud-review/)
* ### [Epicor vs NetSuite: Which ERP Software is the Winner?](https://www.selecthub.com/enterprise-resource-planning/epicor-and-netsuite/)

[See More](#moreArticles)

## Research and Reports

Quickly find the best assets available for your ERP selection research here. Our Market Research Analysts have clearly summarized and reviewed each asset to help you select only the assets you need.

ERP Price Guide – Asset Repo

![ERP Price Guide]() 

**Preview & Request** 

[Visibility ERP vs Top Four Alternatives](https://www.selecthub.com/visibility-erp-vs-top-four-alternatives/)

[Top 5 Food Manufacturing ERP Systems for Ultimate Performance](https://www.selecthub.com/category/enterprise-resource-planning/top-5-food-manufacturing-erp-systems-for-ultimate-performance/)

[How to Crack the Pricing Code to Enterprise Software](https://www.selecthub.com/category/enterprise-resource-planning/how-to-crack-the-pricing-code-to-enterprise-software/)

[Top 10 ERP Systems Pricing Guide](https://www.selecthub.com/category/enterprise-resource-planning/top-10-erp-systems-pricing-guide/)

[How to Successfully Approach ERP Software Implementation](https://www.selecthub.com/category/enterprise-resource-planning/how-to-successfully-approach-erp-software-implementation/)

[How To Approach Your ERP Selection During The Pandemic](https://www.selecthub.com/category/enterprise-resource-planning/how-to-approach-your-erp-selection-during-the-pandemic/)

[Infor Syteline and Alternatives](https://www.selecthub.com/category/enterprise-resource-planning/infor-syteline-and-alternatives-cloudsite/)

[Top Cloud ERP System Comparison](https://www.selecthub.com/category/enterprise-resource-planning/top-cloud-erp-system-comparison/)

[ERP Software Requirements: Manufacturing ERP Checklist](https://www.selecthub.com/category/enterprise-resource-planning/erp-software-requirements-manufacturing-erp-checklist/)

[SAP vs. Oracle ERP Systems: Head-to-Head](https://www.selecthub.com/category/enterprise-resource-planning/sap-vs-oracle-erp-systems-head-to-head/)

[Manufacturing ERP Showdown: Oracle vs. Infor – ERP Software Competitive Report](https://www.selecthub.com/category/enterprise-resource-planning/manufacturing-erp-showdown-oracle-vs-infor-erp-software-competitive-report/)

[Top ERP Software for Discrete Manufacturing](https://www.selecthub.com/category/enterprise-resource-planning/top-erp-software-for-discrete-manufacturing/)

[How to Avoid Confusion During ERP Demos](https://www.selecthub.com/category/enterprise-resource-planning/how-to-avoid-confusion-during-erp-demo/)

[What Is Cloud-Based ERP?](https://www.selecthub.com/category/enterprise-resource-planning/what-is-cloud-based-erp/)

[SaaS vs On-premise ERP Software: Understand The Difference](https://www.selecthub.com/category/enterprise-resource-planning/saas-vs-on-premise-erp-software-understand-the-difference/)

[Top 8 Myths About ERP Implementation](https://www.selecthub.com/category/enterprise-resource-planning/top-8-myths-about-erp-implementation/)

[Six Business Challenges Addressed by Enterprise Resource Planning](https://www.selecthub.com/category/enterprise-resource-planning/six-business-challenges-addressed-enterprise-resource-planning/)

[Understanding Cloud ERP for Non-IT Executives](https://www.selecthub.com/category/enterprise-resource-planning/understanding-cloud-erp-for-non-it-executives/)

[KPI Playbook for Modern Manufacturing](https://www.selecthub.com/category/enterprise-resource-planning/kpi-playbook-for-modern-manufacturing/)

[Selecting an ERP System in 7 Easy Steps](https://www.selecthub.com/category/enterprise-resource-planning/selecting-an-erp-system-in-7-easy-steps/)

[Writing a Better ERP RFP](https://www.selecthub.com/category/enterprise-resource-planning/writing-a-better-erp-rfp/)

## Confidence Comes from Data

ERP software selection is complex and beset with problems for both IT buyers and solution providers. **We do 3 things to make it fast and simple:**

### FREE Software Selection Platform

Our platform provides best-practices, including requirements templates & vendor comparisons, to help you make the right decisions for your unique needs, in a fraction of the time. Try it FREE.

[Start Selecting Software ](https://www.selecthub.com/about/start-free-selection-project-site/)

### Aggregated Reviews

We have collected every software review available online, crunched every last word using our proprietary Sentiment Analysis algorithms, all so we can tell you how a software product is viewed in its marketplace, retrospectively.

[Get ERP Software Reviews ](https://www.selecthub.com/c/erp-software/)

### Professional Analysis

We relentlessly collect and analyze data about software, then compile and share it so every company has the same access to the information. The information we gain is then used in our Software Selection platform to help you find the right software.

[See Analyst’s Top ERP Software Picks ](https://www.selecthub.com/c/erp-software/)

## Your Guides

Our industry journalists proudly distill the helpful information you read on SelectHub, always on the mission to share what matters so you can make your best decisions independently.

ERP articles are written and edited by:

[ ](https://www.selecthub.com/author/zachary-totah/) 

### Zachary Totah

Content Manager

As SelectHub’s Content Manager, Zachary Totah leads a team of more than 35 writers and editors in their quest to provide content that helps software buyers find the right system for their company.

[ Show More](https://www.selecthub.com/author/zachary-totah/)

[ ](https://www.selecthub.com/author/hunter-lowe/) 

### Hunter Lowe

Content Editor and Senior Market Analyst

Hunter Lowe is a Content Editor and Senior Market Analyst at SelectHub. He writes content for Construction, Inventory, Warehouse, and Supply Chain Management.

[ Show More](https://www.selecthub.com/author/hunter-lowe/)

[ ](https://www.selecthub.com/author/khaleel-hayes/) 

### Khaleel Hayes

Market Analyst

Khaleel Hayes is a Market Analyst for SelectHub who crafts content for manufacturing, PLM, PSA, and Construction ERP.

[ Show More](https://www.selecthub.com/author/khaleel-hayes/)

## Thought Leaders

SelectHub has sought out and invited thought leaders to contribute to our ERP Industry articles and resources. These thought leaders ensure we deliver quality content with the most accurate information, focusing on what matters most. No thought leader is compensated for their contributions, but shares our belief that information should be democratized so everyone can make the best decision.

[ ](#open-modal-2) 

### Laurie McCabe

Co-founder and Partner, SMB Group

Laurie brings more than 25 years of experience in the IT industry to her current role as Cofounder & Partner, SMB Group.

[ Show More](#open-modal-2) 

[×](#modal-close "Close") 

![Laurie McCabe]()

### Laurie McCabe

Co-founder and Partner, SMB Group

Laurie brings more than 25 years of experience in the IT industry to her current role as Cofounder & Partner, SMB Group. Laurie has built widespread recognition for her insights in the small and medium business (SMB) technology market.

Prior to SMB Group, Laurie worked in analyst roles as a Partner at Hurwitz & Associates; Vice President of SMB Insights & Solutions at AMI-Partners; and Vice President at Summit Strategies, where her original research of the emerging cloud computing model earned her broad recognition as a thought leader in this area. Laurie’s nine years at Digital Equipment Corporation, including her last role as Director of Market and Competitive Intelligence, provide her with critical experience from the vendor perspective.

Laurie is a six-time Small Business Influencer Awards winner; has been recognized as one of the 50 Most Influential People in Small Business Marketing by AllBusiness; and is a member of Dun & Bradstreet’s B2B Expert Community. Laurie blogs often at LaurieMccabe.com, speaks regularly at industry events, and has over 17,000 followers on Twitter.

[ ](#open-modal-6) 

### Lisa Anderson

Founder and President, LMA Consulting Group

Lisa Anderson is the founder and president of LMA Consulting Group, a consulting firm that specializes in manufacturing strategy, end-to-end supply chain transformation

[ Show More](#open-modal-6) 

[×](#modal-close "Close") 

![Lisa Anderson]()

### Lisa Anderson

Founder and President, LMA Consulting Group

Lisa Anderson is the founder and president of LMA Consulting Group, a consulting firm that specializes in manufacturing strategy, end-to-end supply chain transformation and technology adoption that maximizes the customer experience and enables profitable, scalable, dramatic business growth. Lisa has been named in the Top 46 most influential in Supply Chain by SAP, a Top 40 B2B Tech Influencer by Arketi Group and a Top 50 ERP Influencer by Washington-Frank. She recently published, 'I’ve Been Thinking,' an inspiring collection of 101 strategies for creating bold customer promises and profits.

[ ](#open-modal-10) 

### Eric Kimberling

CEO, Third Stage Consulting

Eric Kimberling is one of the most recognized and respected independent ERP systems experts in the world, giving unbiased advice to clients for over 20 years.

[ Show More](#open-modal-10) 

[×](#modal-close "Close") 

![Eric Kimberling]()

### Eric Kimberling

CEO, Third Stage Consulting

Eric Kimberling is one of the most recognized and respected independent ERP systems experts in the world, giving unbiased advice to clients for over 20 years. Eric has been quoted in thousands of articles in newspapers, magazines, and books, including the Wall Street Journal, CIO Magazine and Fortune. He has served as the expert witness in the industry’s highest-profile legal cases, representing both government and private companies across the globe.

[ ](#open-modal) 

### Ed Cowsar

CEO, OspreyData

Ed’s more than 30 years of leadership and success in a variety of industries includes a unique combination of expertise and experience with product design, sales, engineering, operations,

[ Show More](#open-modal) 

[×](#modal-close "Close") 

![Ed Cowsar]()

### Ed Cowsar

CEO, OspreyData

Ed’s more than 30 years of leadership and success in a variety of industries includes a unique combination of expertise and experience with product design, sales, engineering, operations, change management and innovation for technology and services firms, as well as highly-regulated industries. He is CEO of OspreyData which is a software company that provides a cloud based Production Optimization Platform in Upstream Oil and Gas. The OspreyData platform leverages Artificial Intelligence to lower maintenance costs and optimize oil production and processes for Production and Facilities Engineers.

[ ](#open-modal-4) 

### David Haimes

Senior Director, ERP Cloud Development

David Haimes is a senior director in the Oracle Cloud Applications Research and Development Organization, focusing on next-generation functional and technical architecture.

[ Show More](#open-modal-4) 

[×](#modal-close "Close") 

![David Haimes]()

### David Haimes

Senior Director, ERP Cloud Development

David Haimes is a senior director in the Oracle Cloud Applications Research and Development Organization, focusing on next-generation functional and technical architecture. With close to 20 years at Oracle, Haimes has held various roles working on the development of the Financial Management product suite. He began at Oracle in the UK, building features for EMEA. In 2000, he moved to Oracle HQ in the Silicon Valley to lead a number of initiatives for the Fusion Cloud Financials Suite and develop products from the ground up for the cloud. Most recently, Haimes drove the design, build and launch of the Accounting Hub Reporting Cloud Service.

In his current role, Haimes is tasked with developing the vision and strategy for Oracle’s financial management system. He is leading the efforts across all applications development on Blockchain and Distributed Ledger Technology. His areas of interest include Blockchain, NLP, Chatbots, AI and Machine Learning, and new UX paradigms.

[ ](#open-modal-7) 

### David Dozer

President of Blaze IT

David Dozer is a Business consulting and ERP specialist with more than 15 years of experience in the enterprise software realm.

[ Show More](#open-modal-7) 

[×](#modal-close "Close") 

![David Dozer]()

### David Dozer

President of Blaze IT

David Dozer is a Business consulting and ERP specialist with more than 15 years of experience in the enterprise software realm. He has dedicated his career to helping SMBs implement software and process solutions that meet real-world business needs. David has prior experience in IT Leadership roles, Consulting Management and ERP Product Management.

In his current role as President of Blaze IT, David helps small and mid-sized distribution and manufacturing companies leverage cloud ERP solutions such as Acumatica to streamline their processes and consolidate critical business data into one easy to manage system.

[ ](#open-modal-3) 

### Shelly Gore

ERP Architect, A Bigger View

Shelly Gore is CEO and co-founder of A Bigger View. For over 25 years, she successfully designed and implemented complex IT and Cloud-Based ERP systems for corporations in North America and Europe.

[ Show More](#open-modal-3) 

[×](#modal-close "Close") 

![Shelly Gore]()

### Shelly Gore

ERP Architect, A Bigger View

Shelly Gore is CEO and co-founder of A Bigger View. For over 25 years, she successfully designed and implemented complex IT and Cloud-Based ERP systems for corporations in North America and Europe. At Oracle’s OpenWorld and SuiteWorld conferences, Shelly presents on global supply chain, advanced manufacturing, continuous improvement, mobile apps for operational efficiency, warehousing and quality best practices. She is a Thought Leader for the National Science Foundation’s Center of Excellence in IT and serves on the Council of Business Advisors for the Santa Fe Business Incubator.

[ ](#open-modal-5) 

### Grady Brett Beaubouef

Business Value Realization Director, Oracle

Grady Brett Beaubouef is an ERP expert with 20 years of industry experience. He works as a Business Value Realization Director at Oracle

[ Show More](#open-modal-5) 

[×](#modal-close "Close") 

![Grady Brett Beaubouef]()

### Grady Brett Beaubouef

Business Value Realization Director, Oracle

Grady Brett Beaubouef is an ERP expert with 20 years of industry experience. He works as a Business Value Realization Director at Oracle, where he helps executives define their business and technology strategies. Beaeubouef is also the author of "Maximize Your Investment: 10 Key Strategies for Effective Packaged Software Implementations".

[ ](#open-modal-9) 

### Harsha Sarjapur

Co-founder, InfoSourcing

Harsha Sarjapur is the co-founder of InfoSourcing Inc., an ERP solution provider that assists businesses of all sizes with the implementation of ERP solutions.

[ Show More](#open-modal-9) 

[×](#modal-close "Close") 

![Harsha Sarjapur]()

### Harsha Sarjapur

Co-founder, InfoSourcing

Harsha Sarjapur is the co-founder of InfoSourcing Inc., an ERP solution provider that assists businesses of all sizes with the implementation of ERP solutions. He has worked in the ERP industry for the last 20 years. His company is an Acumatica certified partner and was recognized as an Acumatica MVP from 2016-2019.

[ ](#open-modal-8) 

### Erik Kiser

CEO, Orderful

At 25 Erik started a consulting firm focused on writing EDI and B2B integrations for manufacturers. Through scaling the company he realized that there is a great opportunity

[ Show More](#open-modal-8) 

[×](#modal-close "Close") 

![Erik Kiser]()

### Erik Kiser

CEO, Orderful

At 25 Erik started a consulting firm focused on writing EDI and B2B integrations for manufacturers. Through scaling the company he realized that there is a great opportunity to improve business for the manufacturers by providing a software hub approach. Orderful, Erik's second venture, started a few years later. Orderful has successfully raised funding from prestigious venture capital firms including Andreessen Horowitz, and is on a path to improve B2B and EDI trading for the world. 

[ ](#open-modal-11) 

### Chuck Langenhop

Senior Director, CFO Advisory Services

Chuck Langenhop is Senior Director with CFO Advisory Services in Richardson, Texas. His experience includes change management, process reengineering, ERP selection and implementation, and financial planning &  
analysis.

[ Show More](#open-modal-11) 

[×](#modal-close "Close") 

![Chuck Langenhop]()

### Chuck Langenhop

Senior Director, CFO Advisory Services

Chuck Langenhop is Senior Director with CFO Advisory Services in Richardson, Texas. His experience includes change management, process reengineering, ERP selection and implementation, and financial planning & analysis. He works with diverse industries including discrete manufacturing, distribution, field service, food processing, and medical devices. Chuck presented at the annual Sage Software Summit and participated in web panels sponsored by CFO magazine and an Infor partner on topics related to ERP selections, functionality trends, and project management. Chuck has been interviewed by CFO, Compliance Week, and Network World. He is a Certified Management Accountant and holds an MBA from Rice University. 

[ ](#open-modal-12) 

### Sam Gupta

Principal Consultant, ElevatIQ, & Host, WBSRocks

Sam Gupta has been a ERP thought leader in the digital transformation space for nearly two decades, with the primary focus on financial systems and ERP.

[ Show More](#open-modal-12) 

[×](#modal-close "Close") 

![Sam Gupta]()

### Sam Gupta

Sam Gupta, Principal Consultant, ElevatIQ, & Host, WBSRocks

Sam Gupta has been a ERP thought leader in the digital transformation space for nearly two decades, with the primary focus on financial systems and ERP. Sam is rated among top 3 thought leaders in the ERP category and top 15 in the digital transformation category on Thinkers 360\. He has been part of large transformation initiatives for fortune-500 corporations but now spends his time consulting with SMEs as a Principal Consultant at ElevatIQ. Sam regularly speaks at industry conferences and contributes his experiences through many popular blogs and publications. He also hosts a podcast called WBSRocks focused on business growth through digital transformation and ERP where he interviews top influencers and executives focused on digital transformation.

## Most Recent Articles

[ERP](https://www.selecthub.com/category/enterprise-resource-planning/) 

[ERP software](https://www.selecthub.com/erp-software/) is an old dog that’s doing a pretty good job of learning new tricks. ERP systems were first introduced in the 1990s as an offshoot of MRP software. These systems have since become a widely used tool for businesses to assist in the automation of workflows and the centralization of data and functions. As a program that has been around for about 30 years, ERP is constantly working to adapt to changes in consumer habits. An ERP case study is an effective way to learn more about how modern advancements have impacted real businesses. In this research article, we will take a look at actual ERP implementation examples to see how recent innovation has boosted business.

Lindsey JenkinsERP Case Study: How ERP Software Can Affect Your Business

[read more](https://www.selecthub.com/enterprise-resource-planning/erp-case-study/)

[ERP](https://www.selecthub.com/category/enterprise-resource-planning/) 

Clicking on this article means you either own [ERP software](https://www.selecthub.com/c/erp-software/) and need to understand how to perform an ERP integration or are a potential buyer concerned about whether an ERP system integration can work for your specific solutions. 

You can rest assured that you’ve come to the right page! This article covers everything from forming an ERP integration strategy to methods, benefits, challenges and more.

Khaleel HayesERP Integration: Strategy, Challenges, Benefits, and Key Types

[read more](https://www.selecthub.com/enterprise-resource-planning/best-erp-software-integrations/)

[ERP](https://www.selecthub.com/category/enterprise-resource-planning/) 

When you’re buying software, it’s important to keep in mind the various costs associated with implementing an ERP solution, in addition to the price of the license. Due to factors such as cost and scale, it is especially important to develop a specific ERP strategy for your business before you make the move to implement your solution. After all, you wouldn’t buy a house before having an inspection done or getting your financial affairs in order. It’s the same premise with [ERP software](https://www.selecthub.com/erp-software/).

Lindsey JenkinsERP Strategy: What to Keep in Mind Before Taking the Leap

[read more](https://www.selecthub.com/enterprise-resource-planning/erp-strategy/)

[ERP](https://www.selecthub.com/category/enterprise-resource-planning/) 

Investing in [ERP software](https://www.selecthub.com/c/erp-software/) to streamline your workflows, save money and boost productivity is wise. Buying into new technological ERP trends to centralize operations and earn an edge over your competitors is wiser. 

To sate our curiosity and inform readers, we spoke with several SME thought leaders to gain their thoughts about the future of ERP and understand common pitfalls when shopping for the latest technologies.

Khaleel HayesTop ERP Trends Of 2026: Future of Enterprise Resource Planning

[read more](https://www.selecthub.com/enterprise-resource-planning/erp-trends/)

[ERP](https://www.selecthub.com/category/enterprise-resource-planning/) 

Right now, it probably feels like the weight of your company’s next ERP decision is sitting squarely on your shoulders. Finance wants one thing, operations another, IT has its own list — and you’re the one who has to turn it all into a clear, defensible plan. One that wins buy-in, keeps the project moving and doesn’t blow up in six months. 

We’ve seen the pressure, the second-guessing and the fear of missing a critical detail. And after helping clients run more than 1,850 RFPs, we know what works.

Riya Jamble7 Essential Steps to Run a Successful ERP RFP

[read more](https://www.selecthub.com/enterprise-resource-planning/erp-rfp-template-guide/)

[ERP](https://www.selecthub.com/category/enterprise-resource-planning/) 

Customers are complaining about late orders. You haven’t sent out last week’s invoices yet. And you just realized there’s a shortage of your bestselling product. 

If that sounds like a typical Monday, it’s time to face the truth: Spreadsheets and QuickBooks have stopped being enough.

Riya JambleWhy ERP is Important for SMBs: A Practical Guide to Benefits and Trade-Offs

[read more](https://www.selecthub.com/enterprise-resource-planning/why-erp-systems-are-important/)

[ERP](https://www.selecthub.com/category/enterprise-resource-planning/) 

[ERP systems](https://www.selecthub.com/c/erp-software/) are incredibly powerful, but with so many features to choose from, it’s easy to get lost in the mix. Here’s the good news: you don’t need everything! We’ve compiled a list of essential ERP features that can make your life (and your workflows) a lot easier. 

Janani HariThe Top 19 ERP Software Features & Capabilities

[read more](https://www.selecthub.com/enterprise-resource-planning/erp-capabilities-list/)

[ERP](https://www.selecthub.com/category/enterprise-resource-planning/) 

Finding this page means one of two things: You’re a first-time [ERP software](https://www.selecthub.com/c/erp-software/) buyer looking for a new solution with all the best functionality, or you need new ERP functions for your current system to streamline workflows. Either way, you’ve come to the right article. 

Pinpointing the suitable modules takes brainstorming and determining vital department tools to satisfy operations. This article covers the top-rated core functions of ERP, industry-specific ERP, purchasing considerations, selection processes and more.

Khaleel HayesERP Functions: A Comprehensive List of Key Functionality

[read more](https://www.selecthub.com/enterprise-resource-planning/key-erp-functional-requirements/)

[ERP](https://www.selecthub.com/category/enterprise-resource-planning/) 

You want a new [ERP system](https://www.selecthub.com/c/erp-software/) to help you scale operations and automate work so you don’t have to do everything manually. But how will that impact your team? Your workflows? The way you run things day to day? 

An ERP is a big investment and making the right call isn’t easy.

Riya JambleThe Top 14 ERP Requirements + Free Template

[read more](https://www.selecthub.com/enterprise-resource-planning/erp-requirements-checklist-cheat-sheet/)

[ERP](https://www.selecthub.com/category/enterprise-resource-planning/) 

We recently conducted interviews with 225 companies who were all looking for [**enterprise resource planning (ERP)**](https://www.selecthub.com/erp-software/). The goal of this survey was simple – listen and learn from what these companies had to say about their individual decision-making strategies. We all agree that this is not a simple task. But we also agree that selecting the best ERP software is a critical factor for business success. Our intent is to analyze all these responses and present the most salient observations in a report that will help assist companies along this selection path to a successful conclusion.

Gabriel GheorghiuERP Buyer’s Profile for Growing Companies

[read more](https://www.selecthub.com/enterprise-resource-planning/erp-buying-trends/)

[ERP](https://www.selecthub.com/category/enterprise-resource-planning/) 

Oracle Fusion Cloud and SAP S/4HANA are two titans of the [ERP software](https://www.selecthub.com/c/erp-software/) market, offering robust features and garnering high customer review scores. But who wins the SAP vs. Oracle showdown? 

Our extensive research shows that Oracle outshines SAP in this neck-and-neck comparison. Ultimately, it comes down to which features are most critical to you. 

Khaleel HayesSAP vs. Oracle: Which ERP Software is the Winner in 2026?

[read more](https://www.selecthub.com/enterprise-resource-planning/oracle-erp-and-sap-erp/)

[ERP](https://www.selecthub.com/category/enterprise-resource-planning/) 

In the distribution industry, which essentially serves other types of companies, enterprise resource planning or ERP software can have a major effect on many different aspects of the strategies used to serve client businesses.

SelectHubERP Distribution Industries: Its Unique Segments

[read more](https://www.selecthub.com/enterprise-resource-planning/distribution-erp-software-industries/)

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### ERP Sidebar

#### ERP Pricing Guide for 2026

See the **Price/User** for the top ERP... plus the most important considerations and questions to ask.

**ERP Pricing Guide** 

  
[ **Compare Top ERP Software Leaders** Pricing, Ratings, and Reviews for each Vendor. PLUS… Access to our online selection platform for free. ![ERP Software](https://www.selecthub.com/wp-content/uploads/2025/02/ERP-Product-Logos.png) ](https://pmo.selecthub.com/top-erp-software-site-vers/)   
[ ](https://pmo.selecthub.com/erp-requirements-template-site-vers/)[**ERP Requirements Gathering Template**](https://pmo.selecthub.com/erp-requirements-template-site-vers/) 

[Jumpstart your selection project with a free, pre-built, customizable ERP requirements template.](https://pmo.selecthub.com/erp-requirements-template-site-vers/)

  
#### **Additional ERP Resources**

[ ERP Product Directory](https://www.selecthub.com/c/erp-software/)

[ ERP Buyer’s Guide](https://www.selecthub.com/c/erp-software/)

[ ERP Research & Reports](https://www.selecthub.com/category/enterprise-resource-planning/#assetrepo)

[ ERP Buying Trends](https://www.selecthub.com/enterprise-resource-planning/erp-buying-trends/)

  

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