โ Trusted Partner for Strategy & Technology
Consulting โ
Enterprise Resource Planning
Prepare for your exams
Study with the several resources on Docsity
Earn points to download
Earn points by helping other students or get them with a premium plan
Guidelines and tips
Prepare for your exams
Study with the several resources on Docsity
Earn points to download
Earn points by helping other students or get them with a premium plan
Enterprise Resource Planning, Summaries of Computer Applications
## Enterprise Resource Planning (ERP) Enterprise Resource Planning (ERP) is a software system that helps organizations manage and integrate their daily business activities in one centralized platform. It connects different departments such as finance, human resources, sales, inventory, production, and customer service so that information can be shared easily across the organization. ERP improves communication, reduces duplication of work, and increases overall efficiency by providing real-time data and automation of business processes. It helps companies make better decisions, manage resources effectively, reduce operational costs, and improve productivity. Modern ERP systems are often cloud-based, allowing businesses to access data anytime and from anywhere.
Typology: Summaries
2025/2026
1 / 12
This page cannot be seen from the preview
Don't miss anything!
Related documents
Partial preview of the text
Download Enterprise Resource Planning and more Summaries Computer Applications in PDF only on Docsity!
โ Trusted Partner for Strategy & Technology
Consulting โ
E nterprise R esource P lanning
Introduction
- (^) All the processes needed to run business functions, such as finance, operations, and human resources, into a single system.
- (^) Enterprise Resource Planning (ERP) integrates and manages a company's core business processes to streamline operations and improve communication across departments.
- (^) Many ERP systems are cloud-based, allowing remote access and real- time data sharing.
- (^) Instead of each department operating in its own silo, ERP provides a single interface that improves visibility and coordination across functions such as finance, operations, and human resources
HISTORY OF ERP
Why? PHASES OF ERP
Financial Management Human Resources Manufacturi ng SCM CRM Project Management COMPONENTS OF ERP
- (^) Profit Tracking
- (^) Cash Management
- (^) Ledger Management
- (^) Financial Reporting
- (^) Accounts Receivable Management
- (^) Accounts Payable Management - (^) Payroll - (^) Time Management - (^) Reporting - (^) Recuirtment - (^) Onboading and Development - (^) Performance Management - (^) Planning - (^) Material Requisition Management - (^) Production - (^) Production Queue - (^) Order to production - (^) Sales - (^) Customers - (^) Payment - (^) Communication - (^) Promotion Profit Analysis Plan Time to market Distribution Procurement - (^) Initiation - (^) Planning - (^) Execution - (^) Control - (^) Go live
Our Expertise Disadvantages
- High Implementation Cost โ ERP systems require significant investment for setup and deployment
- Complex Customization โ Customizing ERP according to business needs can be difficult.
- High Maintenance Cost โ Regular updates and maintenance increase expenses.
- System Overload โ Too many features can make the system complex for users.
- Technical Support Requirement โ ERP systems need continuous monitoring and support.
- Vendor Dependency โ Organizations may rely heavily on vendors for support and upgrades.
Our Expertise Service Provider SAP
- Leading ERP and enterprise software provider.
- Centralizes business data for better decision-making. Oracle
- Offers Oracle ERP Cloud and Oracle NetSuite solutions.
- Supports finance, HR, SCM, procurement, and accounting.
- Helps streamline enterprise operations with integrated modules. Microsoft
- Provides Microsoft Dynamics 365 ERP solution.
- Includes Finance, Operations, HR, Retail, and Customer Service modules.
- Suitable for small to large enterprises.