What is ERP?
ERP stands for Enterprise Resource Planing which is a business model that provides business processing management system and integrated services that every small and most of large scale business need like customer relationship, sales and purchase management, manufacturing management, account management, business automation and advancement services etc.
Basically the goal of every ERP system is to reduce human efforts and provide simplicity in every management system that's why today all business go from old cultural management system to cloud based or computer based system workflow.
What is Open Source ERP?
open Source ERP system is freely distributed and any whose code publicly available and any one can modify and customise system based on their need but it takes technical and programming skill to do that.
Features of ERP
1) Integration
2) Automation
3) Data Analysis
4) Reporting
5) Customer Relationship Management
6) Accounting
7) Product Life Cycle Management
8) Sales and Purchase Management
9) Shipment and Payment Management
10) Finance Management etc..
For reference: Enterprise resource planning
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