Demand for enterprise resource planning software (ERP) is expanding rapidly. Software as a service (SaaS) and AI solutions are making ERPs more affordable than in-house, bespoke solutions for smaller companies.

In terms of benefits ERPs improve collaboration across departments, reduce errors, and create productivity gains in around three-quarters of businesses. They can create a single source of information through a centralised platform used by everyone, including manufacturing, finance, HR and customer-relations departments.