ERP is an acronym that stands for Enterprise Resource Planning. ERP software is designed to help companies manage their business operations, providing visibility into available resources, whether financial, labor, time, materials or other aspects needed. Organizations use ERP software to streamline the complexity of business processes such as taking orders, scheduling plant activity, tracking raw materials and compliance reporting. Virtually every organization with more than a few employees uses some form of ERP. It’s a competitive disadvantage if a company isn’t leveraging ERP effectively.