Key features of ERP systems include:

1. Centralized Database: ERP systems use a centralized database to store and manage data from different departments, such as finance, human resources, manufacturing, supply chain, and more.
2. Integrated Modules: ERP software typically consists of various modules that address specific business functions. Common modules include finance, human resources, manufacturing, sales, and customer relationship management (CRM).
3. Real-time Reporting and Analytics: ERP systems provide real-time reporting and analytics tools, allowing decision-makers to access up-to-date information and make informed decisions.
4. Automation of Processes: ERP automates repetitive tasks and standardizes business processes, reducing manual efforts and minimizing errors.
5. Improved Collaboration: By integrating different departments and functions, ERP systems facilitate better communication and collaboration among various teams within an organization.
6. Scalability: ERP solutions are designed to scale with the growth of an organization, accommodating changes in size and complexity.
7. Compliance and Security: Many ERP systems include features to help organizations comply with industry regulations and maintain data security standards.
8. Customer Relationship Management (CRM): Some ERP systems include CRM functionality to manage customer interactions, sales, and marketing processes.

Implementing an ERP system can be a complex and resource-intensive process, but it can lead to significant benefits such as increased efficiency, cost savings, and improved decision-making capabilities. Popular ERP vendors include SAP, Oracle, Microsoft Dynamics, and others.