Enterprise resource planning (ERP) core components support the important internal activities of the organization for producing their products and services. These components support the following internal operations:
1. Financial Management. Components to support accounting, financial reporting, performance management, and corporate governance
2. Operations Management. Components to simplify, standardize, and automate business processes related to inbound and outbound logistics, product development, manufacturing, and sales and service
3. Human Resource Management. Components to support employee recruitment, assignment tracking, performance reviews, payroll, and regulatory requirements