ERP or Enterprise Resource Planning is a tool used to integrate the data and processes into one single system using many components i.e hardware, software, database etc. An ERP ensures communication, efficiency and productivity by integrating and streamlining different functional areas within an organization.

Enterprise resource planning softwares are designed mainly to eliminate the complexity involved in managing the resources pertaining to the company. Though the main motive of ERP software is to increase the productivity, it also has some advantages and disadvantages in it. Let’s discuss them.