ERP systems are software platforms used by businesses to manage and connect core activities such as finance and accounting. Instead of working with separate tools for each function, an ERP system brings key business data and processes together in one place. 

ERP systems and payment workflows 

ERP systems are often used to prepare and manage payment data, including invoices, supplier details and payment schedules. For businesses making bulk payments, ERP systems typically serve as the source from which payment information is generated and grouped before being sent for execution.