ERP Glossary

Expenses that can be directly attributed to a specific project, product, or service.

A set of processes, practices, and technologies used to manage, govern, and ensure the quality of data across an enterprise.

A hybrid cloud is an IT architecture that combines elements of both public and private clouds, allowing data and applications to be shared between them.

Infrastructure as a Service (IaaS) is a form of cloud computing that provides virtualized computing resources over the internet.

Incident Management is the process of managing disruptions and restoring normal service operation as quickly as possible with minimal impact on business operations.

SAP S/4HANA is an integrated enterprise resource planning (ERP) suite, optimized for the SAP HANA database, offering real-time analytics and simplified transactions.

Regulatory compliance refers to the adherence to laws, regulations, guidelines, and specifications relevant to business operations.

Enterprise Resource Planning (ERP) is a type of software used by organizations to manage and integrate the essential parts of their businesses.

XML (eXtensible Markup Language) is a markup language used for encoding documents in a format that is both human-readable and machine-readable.

Expenses that are not directly tied to a specific product or service but necessary for the general operation of a business.

A component of ERP systems that facilitates planning, monitoring, and controlling budgets across an organization.

Permission refers to the rights or access granted to a user or group within an ERP system to view, modify, or administer different components or data.

Integration Testing is a phase in the software development lifecycle where individual software modules are combined and tested as a group to ensure that they function together correctly.

Machine Learning is a type of artificial intelligence that enables systems to learn from data and improve their performance without explicit programming.

Navigation in ERP refers to the process of efficiently moving through various modules, screens, and functions within the software.

User Management refers to the processes and tools used to manage access to ERP systems, including user accounts, roles, and permissions.

Logistics Management is the process of efficiently managing the flow of goods, services, and information from origin to consumption to meet customer requirements.

A document listing all the items included in a shipment or delivery.

Master data refers to the core data that is essential for operations within an organization, and is used across multiple business processes.

Quantitative measures used to assess, compare, and track performance or production in various ERP system facets.