Enterprise resource planning (ERP) systems are often described as a company’s ‘central brain’ because the software connects different departments—including finance, HR, and inventory—into a single database where everyone shares the same information.
In recent years, a new crop of AI-powered ERP startups, such as Rillet and Campfire, has emerged hoping to replace legacy offerings like NetSuite. These companies claim that traditional ERPs are clunky, expensive, and time consuming to implement.