Glossary

ERP

Enterprise Resource Planning
Quick definition: Software that manages all of a company's resources — accounting, inventory, procurement, production, HR — in one system.

What modules does it include?

Financial: Accounting, finance, payments, e-Fatura.

Operational: Inventory, procurement, production, shipping.

Human Resources: Payroll, leave, performance.

Sales & CRM: Customer, order, contract.

Reporting: Integrated analytics across all modules.

Who is it for?

Good fit: Companies with 50+ employees, those that manufacture, multi-location firms.

Overkill: SMBs with 1–15 people. Instead of ERP, 4–6 standalone systems (CRM + accounting + inventory + HR) are far more cost-effective.

Details: The first 6 software systems for an SMB.

Popular ERPs

SAP Business One, Microsoft Dynamics 365, Logo Tiger, Mikro Run, Netsis. Annual costs range from $1,500 to $15,000.

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