[MUSIC PLAYING]

NARRATOR: So what is ERP? And how can it help your business? ERP stands for enterprise resource planning. Companies have relied on it since the '90s to streamline processes and improve data visibility around finance, project management, and manufacturing. However, the cost of ownership began to climb significantly.

And on-premise ERP couldn't keep up with modern security demands or technology trends. So ERP evolved to embrace the internet with new features and functionality. Enter ERP Cloud. The cloud offers a more affordable alternative for ERP because it eliminates the need for software, and hardware, or additional IT staff.

ERP Cloud enables organizations of all sizes and across all industries to make significant cost savings, improve business insight, enhance collaboration, and increase efficiency. Oracle ERP Cloud is built for the digital age, delivering on the promise of the end-to-end process, visibility, and speed, all at a lower cost.