What is ERP?

Recently in the world of IT and the business appears a common terminology, such as ERP. Maybe everyone has some basic concepts of ERP is Enterprise Resource Planning: Enterprise resource management , but mostly it's just a vague concept. 
So what exactly is ERP?

ERP is defined as a system of multi-module applications "(Multi Application Software Module) helps organizations manage enterprise resources and operations executive. ERP is essentially an integrated system of multi-application software modules to help organizations manage business and operational resources. ERP solutions give managers the ability to manage business and financial administration - accounting, materials management, production management, business management and product distribution, project management, service management, customer management, human resource management tools, forecasting and planning, reporting,. etc. Additionally, as a very important feature that provides ERP solutions for businesses, is a management system with modern process according to international standards, to enhance business management and administration for leadership and operation of the staff.

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