OpenERP is an open source ERP software suite consisting of several modules such as Sales, CRM, Project management, Warehouse management, Manufacturing, Accounting and Human Resources, etc.
ERP, Enterprise Resource Planning is a business management system that integrates diverse systems across the enterprise into one system. The business activities such as inventory control, order tracking, customer service, finance and human resources can be automated process with workflow. All departments in the organization are joined and share the information together.
Until now ERP systems targeted large corporations due to the cost and complexity, however any company should be able to afford the best tools to professionally handle their own business, OpenERP is the ERP solution for SMEs.