What is ERPNext and how does it function? ERPNext is an ERP software that is fully open-source, cloud-based, and extremely user-friendly. It is widely accepted in various industries such as retail, healthcare, education, and service-based companies. It simplifies tasks like payroll management, leave management, and automates the billing process. The software aids in inventory tracking and management, improves CRM, facilitates financial accounting, helps close sales deals, and tracks purchases. Additionally, ERPNext enables project management and task management. It also allows for web content management and features an email-integrated ticketing system. This tool is highly suitable for both small and medium-sized businesses.