diff --git a/cms/envs/aws.py b/cms/envs/aws.py
index 83df7db0ad6f068bd1219ca735e8932db419c435..2c9f313945f2d5d2e4d599e86e6543feccc7c31d 100644
--- a/cms/envs/aws.py
+++ b/cms/envs/aws.py
@@ -247,6 +247,7 @@ LOGGING = get_logger_config(LOG_DIR,
 
 #theming start:
 PLATFORM_NAME = ENV_TOKENS.get('PLATFORM_NAME', PLATFORM_NAME)
+PLATFORM_DESCRIPTION = ENV_TOKENS.get('PLATFORM_DESCRIPTION', PLATFORM_DESCRIPTION)
 STUDIO_NAME = ENV_TOKENS.get('STUDIO_NAME', STUDIO_NAME)
 STUDIO_SHORT_NAME = ENV_TOKENS.get('STUDIO_SHORT_NAME', STUDIO_SHORT_NAME)
 
diff --git a/cms/envs/common.py b/cms/envs/common.py
index d697a131c707e133d589b3fcc47ebcb3ae86529f..dbf695fbf194929c92d50837be684f50f2cbbfb9 100644
--- a/cms/envs/common.py
+++ b/cms/envs/common.py
@@ -48,8 +48,8 @@ from datetime import timedelta
 import lms.envs.common
 # Although this module itself may not use these imported variables, other dependent modules may.
 from lms.envs.common import (
-    USE_TZ, TECH_SUPPORT_EMAIL, PLATFORM_NAME, BUGS_EMAIL, DOC_STORE_CONFIG, DATA_DIR, ALL_LANGUAGES, WIKI_ENABLED,
-    update_module_store_settings, ASSET_IGNORE_REGEX,
+    USE_TZ, TECH_SUPPORT_EMAIL, PLATFORM_NAME, PLATFORM_DESCRIPTION, BUGS_EMAIL, DOC_STORE_CONFIG, DATA_DIR,
+    ALL_LANGUAGES, WIKI_ENABLED, update_module_store_settings, ASSET_IGNORE_REGEX,
     PARENTAL_CONSENT_AGE_LIMIT, COMPREHENSIVE_THEME_DIRS, REGISTRATION_EMAIL_PATTERNS_ALLOWED,
     # The following PROFILE_IMAGE_* settings are included as they are
     # indirectly accessed through the email opt-in API, which is
diff --git a/common/djangoapps/util/tests/test_db.py b/common/djangoapps/util/tests/test_db.py
index 662c5d618d76f4f508c5076030b3e233e68a9fe3..a517338cd930c7d96be34b5eddf9b65096d23bc8 100644
--- a/common/djangoapps/util/tests/test_db.py
+++ b/common/djangoapps/util/tests/test_db.py
@@ -236,7 +236,4 @@ class MigrationTests(TestCase):
         out = StringIO()
         call_command('makemigrations', dry_run=True, verbosity=3, stdout=out)
         output = out.getvalue()
-        # Temporary for `edx-enterprise` version bumps with migrations.
-        # Please delete when `edx-enterprise==0.47.0`.
-        if 'Remove field' not in output and 'Delete model' not in output:
-            self.assertIn('No changes detected', output)
+        self.assertIn('No changes detected', output)
diff --git a/lms/envs/aws.py b/lms/envs/aws.py
index bd5e4656c01bd0db57c03e672aeda2569a348bff..e4d9bf9431ecd16f2ba2ea79cb9050e7db64e599 100644
--- a/lms/envs/aws.py
+++ b/lms/envs/aws.py
@@ -145,6 +145,7 @@ MEDIA_ROOT = ENV_TOKENS.get('MEDIA_ROOT', MEDIA_ROOT)
 MEDIA_URL = ENV_TOKENS.get('MEDIA_URL', MEDIA_URL)
 
 PLATFORM_NAME = ENV_TOKENS.get('PLATFORM_NAME', PLATFORM_NAME)
+PLATFORM_DESCRIPTION = ENV_TOKENS.get('PLATFORM_DESCRIPTION', PLATFORM_DESCRIPTION)
 # For displaying on the receipt. At Stanford PLATFORM_NAME != MERCHANT_NAME, but PLATFORM_NAME is a fine default
 PLATFORM_TWITTER_ACCOUNT = ENV_TOKENS.get('PLATFORM_TWITTER_ACCOUNT', PLATFORM_TWITTER_ACCOUNT)
 PLATFORM_FACEBOOK_ACCOUNT = ENV_TOKENS.get('PLATFORM_FACEBOOK_ACCOUNT', PLATFORM_FACEBOOK_ACCOUNT)
@@ -1004,6 +1005,10 @@ ENTERPRISE_SPECIFIC_BRANDED_WELCOME_TEMPLATE = ENV_TOKENS.get(
     'ENTERPRISE_SPECIFIC_BRANDED_WELCOME_TEMPLATE',
     ENTERPRISE_SPECIFIC_BRANDED_WELCOME_TEMPLATE
 )
+ENTERPRISE_TAGLINE = ENV_TOKENS.get(
+    'ENTERPRISE_TAGLINE',
+    ENTERPRISE_TAGLINE
+)
 ENTERPRISE_EXCLUDED_REGISTRATION_FIELDS = set(
     ENV_TOKENS.get(
         'ENTERPRISE_EXCLUDED_REGISTRATION_FIELDS',
diff --git a/lms/envs/common.py b/lms/envs/common.py
index b9863b88c9e946d46355b38964001c80d71fefef..b9a8ab1af1e5a0c73b7e01a8db9df5d0a7b1fbf3 100644
--- a/lms/envs/common.py
+++ b/lms/envs/common.py
@@ -47,6 +47,7 @@ from lms.djangoapps.lms_xblock.mixin import LmsBlockMixin
 ################################### FEATURES ###################################
 # The display name of the platform to be used in templates/emails/etc.
 PLATFORM_NAME = _('Your Platform Name Here')
+PLATFORM_DESCRIPTION = _('Your Platform Description Here')
 CC_MERCHANT_NAME = PLATFORM_NAME
 
 PLATFORM_FACEBOOK_ACCOUNT = "http://www.facebook.com/YourPlatformFacebookAccount"
@@ -3271,6 +3272,7 @@ ENTERPRISE_SPECIFIC_BRANDED_WELCOME_TEMPLATE = _(
     '{platform_name}{end_bold} to offer you high-quality learning opportunities '
     'from the world\'s best universities.'
 )
+ENTERPRISE_TAGLINE = ''
 ENTERPRISE_EXCLUDED_REGISTRATION_FIELDS = {
     'age',
     'level_of_education',
diff --git a/requirements/edx/base.txt b/requirements/edx/base.txt
index 1e559a8abbbf36e763a52e430c323b9961853f38..39c628c99290d20b00261bb93e1d3c3176cbe015 100644
--- a/requirements/edx/base.txt
+++ b/requirements/edx/base.txt
@@ -49,7 +49,7 @@ edx-lint==0.4.3
 astroid==1.3.8
 edx-django-oauth2-provider==1.2.5
 edx-django-sites-extensions==2.3.0
-edx-enterprise==0.46.8
+edx-enterprise==0.48.1
 edx-oauth2-provider==1.2.2
 edx-opaque-keys==0.4.0
 edx-organizations==0.4.6