ERP refers to the transfer of data electronically between companies using networks, such as the Internet.

Question

Quizplus · Accepted Answer

ERP stands for Enterprise Resource Planning, which is a type of software that organizations use to manage day-to-day business activities such as accounting, procurement, project management, risk management and compliance, and supply chain operations. It does not specifically refer to the transfer of data electronically between companies.

ERP Refers to the Transfer of Data Electronically Between Companies