Company A's ERP System

Enterprise resource Planning (ERP) is any integrated cross-functional software that reengineers manufacturing, distribution, finance, human resources and other basic business processes of a company to improve its efficiency, agility and profitability.1 On an initial view, an ERP system appears to be the cure for any company’s issues. The installation of such a system offers an organization the opportunity to re-structure their procedures, to coordinate branches’ systems in other geographic locations, unify information and inspire employees via granting them permission to company information. Now these chances exist at heightened costs financially. There are also implementation horrors and labor issues with which must be dealt with. A

In this paper, I will identify whether the technological dilemmas dealt by companies dealing with ERP systems are valid today. Some of the non-technical challenges discussed “Putting the Enterprise into the Enterprise system” mentioned in the article were the lack of planning when it came to putting the right processes to fit the ERP system, implementing ERP system to have department data communicate with each other, and having a system that was uniform throughout but met the needs for regions of those large corporations.

There are also a number of ERP suppliers with the help of which the organizations and companies could make their systems effective and manageable. Examples of top ERP system suppliers include Oracle, Microsoft and SAP. These systems are beneficial to all, from small scaled business to medium and large scale organizations. One of the most important things which are to be taken into account for the ERP systems is that it is applied to application suites which are outside of the manufacturing market. The hospitals, large organizations and general business can have the license of the broad ranging integrated software suites which are then marketed to the ERP solutions. It is to be noted that the companies are getting more involved into the use of portals for the sake of effective recruitment. Similarly the internal experiences of the employees are also being enhanced with the use of ERP systems and other strategies in order to reduce the turnover rate.

Enterprise resource planning ( ERP) system is a new software management technology that strives to integrate the many business functions of an organisation through the unified software, thus enhancing/ improving productivity and overall performance of the business. It is the main product provided successfully by SAP globally to many different business industries. This is because on average most ERP systems have many different types of modules to accommodate individual sectors of a business, such as; human resources management module, accounting & financial modules, manufacturing modules, distribution modules and many more ( Chang et al. 2008 ). For an example in the R/3 ERP system provided by SAP, a few ERP functions can be derived, such as; to facilitate the processing of raw data into decision making information, security & storage of the raw data and information of businesses, enables forecasting of the business plan, assisting the business supply chain processes and many more ( Jones 1996). In terms of the accounting perspective the ERP system can be argued to have been a positive impact from the first function of processing of raw

ERP ensures the fundamental of business applications to be automated and reduce the cost and complexity of the business models which leads to a successful business (She & Thuraisingham, 2007). According to Berchet and Habchi (2005), Davenport (1998), among the important modules for ERP system are marketing, sales and distribution, enterprise solution, production planning, quality management, assets accounting, materials management, cost control, human resources, project management, financials , and plant maintenance. It potentially allows company to manage business better with great benefits of improved process flow and decision

Enterprise Resource Planning is a term formerly invented in 1990 by The Gartner Group to describe the next generation of MRP II software. The purpose was to integrate all facets of the professional creativity under one group of software requests. The meaning of ERP would be broadened to include almost any type of large integrated software package. Webopedia offers a widespread description of ERP as a occupational organization system that integrates all facets of the occupational, with planning, trade, sales, and marketing. About of the additional well-known ERP software designers contain SAP, Oracle, and PeopleSoft.

My research focuses on defining the importance of ERP systems for success of the companies. And lists various ERP tool failures and elaborates the Problems with ERP system contribute to $160 Million losses for Hewlett-Packard Co. [U.S.] 2004

Abstract-ERP stands for Enterprise Resource Planning. ERP is a business concept for automation and planning. In today’s fast changing scenario ERP becomes one of the most demanding and successful concept in business world. Today the concept of ERP is being used by almost every segment of the business and industry worldwide. It is most sought after concept in management now. Basically it is a solution to all management processes and problems. It includes solutions for all the domains that can think of. It can be customized or better to say tailor made according to need and requirement. Like every other business and management solutions it has a history and life cycle. It is being successfully used by some major vendors worldwide and some local vendors too. It is well implemented by the organizations like SAP and Oracle. These IT giants capture a large share of market. But still the major portion is left and which is pointed out by small local ERP solution providers with their own version of ERP. Now capturing the unclaimed market is the new war. Even organizations like Microsoft and SAP are also offering their new version of ERP software for SME’s (Small Medium Enterprise).

THE INTEGRATED MANAGEMENT SOFTWARE The processing of information in the enterprise is changing. Today, all companies, both national and international SMEs and SMIs are facing the changing needs of the market such as acquisitions, mergers, collaborative solutions, single currency European, European expansion to 25 countries ... .. These issues are such that they require a complete re-issue existing systems. During this migration, many companies choose to leave their application solutions "tailored" to turn to the world of ERP "ready to implement". A brief history: An eternal ...... Definitions And now the ERP ......... Advantages and disadvantages: Benefits of implementing an ERP ....... Implementation: Select and implement an ERP ...... .. Alternatives: Alternative solutions, EAI ....... Major ERP vendors: The major ERP vendors ...... Testimonies and statistics: Some experiences ... .. Conclusion: ERP challenges of a new information revolution ... .. Links and Bibliography

Due to dramatic changes in organisational management, technology plays an important role in today business environment. According to Groomer & Murthy (1989) incorporation of information technology solutions are becoming increasingly important for all businesses in order to operate successfully. One way that many businesses have implemented information technology on a large scale (Groomer & Murthy, 1989) is by setting up Enterprise Resource Planning (ERP) systems to achieve their business transaction and data processing needs. According to the business need, selecting the appropriate information system such as Enterprise resource planning (ERP) will be appropriate and suitable because it improves efficiency. However it should be borne in

ERP system integrates technology that ensures the operation are managed and used effectively by organization (Maguire et al., 2010). This system enables an organization can observe the different departmental functions in one database. It improves and shortens the business process, so restructure is essential for existing business.

There are many different types of software that can help an organization communicate data back and forth through their various departments. One certain system that does this is the Enterprise Resource Planning System, also known as ERP. Enterprise Resource Planning Systems integrate business management along with technology. There are many parts of an ERP system, including Manufacturing, Finance, Human Resources, and many more. The system has saved organizations time and money in various ways. Although ERP Systems have helped businesses in integrating various data information between organizations, there are a number of disadvantages that individuals working with the system should be aware of.

This project aims to study the acquisition, implementation and use of enterprise resource planning (ERP) systems to achieve improved business intelligence and decision making for the company ABC. The project further aims to identify the requisite data input and analysis needed for optimizing the ERP services used to improve productivity and efficiency for ABC. Although all businesses are unique and their administrative needs differ, ERP systems have been shown to provide a valuable framework that combines a wide range of organizational business functions into a single comprehensive system that facilitates informed decision making. While ERP was originally created for manufacturing applications, these systems have become the dominant form of business information systems

ERP can be a difficult task, it takes more than months to setup and it costs more than software and hardware, but if everything is prepared with proper resources than implementation of ERP system can be completed with in budget in a proper or required time frame and deliver

In present era, Information systems existence is unavoidable in all working environment. Information system is globally recognized & widely accepted as a basic necessity for running successful business. Kim et.al (2007), Information Technology plays an important business tool in modern era to attain competitive advantage for the organization as well as improving employee’s efficiency and productivity. Enterprise Resource Planning system shortly known as ERP system is one of the primary information systems used in various industries to run their business operations. ERP attained various industry attentions due to its cross functional integration, business process reengineering, real time reporting and many other useful functionalities and capabilities. Initially, ERP system was predominantly implemented in large enterprises due to its high implementation cost and implementation time consuming. For the past few decades, SME’s businesses environment are rapidly changing in order to stay more competitive in fast paced competitive market. Organizations want to upgrade their business communications, business and employee capabilities and business process automation to latest technologies. During the last few decades, large number of small & medium size enterprises started implementing ERP systems to stay competitive in global market. Amoako (2007) and Kemp et al (2008) explains the usage of ERP system in different business divisions. From