ERPNext is an integrated web-based ERP software that helps manage all aspects of a business in one application. It contains modules for accounting, CRM, HR, manufacturing, POS, project management, purchasing, sales, and warehouse management. ERPNext is less costly than traditional ERPs since it is web-based and easier to configure and use with a modern interface. It allows for tracking invoices and payments, maintaining inventory levels, managing tasks and projects, and integrating front and back office functions for improved information visibility across the business.