Enterprise Resource Planning (ERP) systems help companies by integrating key functions like finance, production, sales, and human resources into a single system. This allows for better information sharing and transparency in business operations. The article discusses the historical evolution of ERP systems, why firms invest in them, and how they improve business performance. ERP systems combine various software solutions for employees, customers, and vendors, leading to world-class business solutions. The paper also covers the scope, model, architecture, and implementation approaches of ERP systems.