Final answer:
ERP is a software system that integrates various business functions and processes into a centralized database. Two examples of ERP software applications are SAP ERP and Oracle ERP Cloud.
Step-by-step explanation:
Enterprise resource planning (ERP) is a software system that integrates various business functions and processes into a centralized database, allowing organizations to manage their resources more efficiently. ERP systems streamline operations, improve communication, and provide real-time data to support decision-making.
Two examples of ERP software applications are:
- SAP ERP: SAP ERP is a widely used ERP system that helps organizations automate and manage various business processes such as finance, sales, procurement, and human resources.
- Oracle ERP Cloud: Oracle ERP Cloud is a cloud-based ERP system that offers a comprehensive suite of applications for managing financials, supply chain, procurement, human resources, and more.