In a joint research cooperation between FANAP Research Center and Scientific Foundation of Czech Republic, the article entitled “IoT-based Enterprise Resource Planning: Challenges, Open Issues, Applications, Architecture, and Future Research Directions” has been accepted in the journal of “Internet of Things” and will be published with the affiliation of FANAP in one of the most prestigious scientific outlet i.e. Elsevier. Based on previous studies in the field of using the Internet of Things in ERP solutions, this paper has analyzed the existing study gaps and provided practical suggestions for future researches in this field.