Resource planning for SMEs February 19, 2021 Enterprise Resource Planning (ERP) systems are integrated systems for managing all phases of production and service-based businesses. These systems align human resources management, supply chain management, financial management, manufacturing, and distribution with fundamental and core accounting functions. These are real-time systems that make use of software technology to integrate the management of business processes. An ERP system helps synergize the resources of the organization – it essentially creates a synergy of materials, money, machi...