tech
ERP (Enterprise Resource Planning)
Integrated software system that runs core business functions in one platform.
Definition
An ERP (Enterprise Resource Planning system) is software that integrates core business functions - accounting, inventory, HR, payroll, CRM, project management - into one unified system. Examples: NetSuite, SAP, Microsoft Dynamics, for smaller businesses Odoo or Zoho One. The pitch: one source of truth instead of 15 disconnected tools. The reality: ERPs are heavy implementations, expensive, and overkill for businesses under ~50 people. For most service businesses, a tighter stack (accounting + CRM + project tool + payroll) beats a full ERP.
In your business
- →Most service businesses under 50 people don't need a real ERP - a tight stack of point tools wins
- →If considering ERP, get 3 reference customers your size before signing
- →Allow 6-18 months for implementation - the time cost dwarfs the license cost