Enterprise Resource Planning : A Single Cross Functional Database

In today 's competitive environment, organisations need to be reformed to get competitive advantages. The most efficient and effective way to achieve this goal is to introduce a new information system (IS). Chen et al (2012) One of the big systems is enterprise resources planning which is an application software which has a broad set of activities supported by many modules that integrates all business processes and data into a single system which helps businesses keep track and access to all their daily data. Jalal, a (2011)

Successful implementation of an Enterprise Resource Planning (ERP) is not impossible in real life but for that it must be developed through a proper planning and implementation. ERP are designed to upgrading an organization’s ability to generate more timely and accurate information for its supply chain. Organization must be ready for reengineered before the success of productivity can be realised. Most of the companies have faced heavy problems while trying to implement ERP systems and have led to serious problems.

Enterprise Resource Planning (ERP) software items are business application, bundled software. They are utilized to run vast to medium-sized business ventures. The ERP software suppliers assert that their product can oblige each business movement of each class of business undertaking. As a rule, an endeavor depends on various databases to keep up its operations: to encourage the relocation, the ERP software underpins numerous databases for communication and include however depends fundamentally on a concentrated database for putting away all capacity module information. The ERPs incorporate the diverse business exercises of a business endeavor. They bolster various coin

ANSWER: ERP is known as Enterprise Resource Planning, plays an important role to bring together various departments in an organization by effective means of communication through automated software systems. The main function of ERP systems is to manage the flow of important data between various levels of management, thereby providing a clear insight to the performance and outputs of the organization. ERP is an effective tool of business solutions and provides detailed information to a problem occurring in the organizational structure. ERP is the most needed to follow the processes of a client irrespective of the level of completion and enhances a problem free working environment through its constant data flow. An ERP system gives access to various modules like human resources, manufacturing, sales, supply chain management, etc. The biggest advantage of using an ERP system is that it integrates all the small units of a system in to a central system for management that is of great use to the IT sectors. It is also considered as a secure system through which any transaction or process can be tracked with ease. The possibility of errors is minimal in ERP systems as most of the operations are automated and centralized. One can

Some businesses are apprehensive about the time and costs involved in implementing an ERP system. That’s understandable, as traditional ERP software can be inflexible and take a significant amount of resources to implement.

The Enterprise resource planning system has become more popular in business management system and although provide great benefits to large organisations. However, implementation of an ERP has not been successful in all organizations. Since with the implementation of an ERP it certainly have a great effect on the entire organizations such as process, peoples are culture. There are certain numbers of challenges that the companies faced through an ERP implementation. Although many universities and business organization has started using an ERP system to overcome the problems arising with disparate system in order to improve the management and administration .ERP is generally a software which is helpful in integrating various functions of business and data in a single system which is to be shared among all peoples working in an organizations. For instance, ERP has now started expanding its scope worldwide in1990’s to perform various other functions such as human resource, finance and production planning process.(vandacle2011).However now ERP has started incorporating various organisations to build consumer relationship to become more competitive in business world. ERP helps in increasing operating efficiency of the firm (Beheshti, 2006) .ERP helps in sharing the same information in a single system because all data are entered in a single system and are communicated within the entire organizations and a as result cooperation and interaction of peoples

The main purpose of this paper is to give further bits of knowledge into the selection of enterprise resource planning systems and the effects on hierarchical execution. ERP is the most recent innovative incarnation in the formative history of arranging and control based frameworks, which were initially intended to adapt to the troublesome errand of viably dealing with the data assets of firms. By using the ERP software data can be incorporated flawlessly in an organization.

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

ERP (Enterprise Resource Planning) support communication at all levels of the organization, whereas businesses steadily look for innovative ways to communication cost-effectively throughout its organization. Likewise, businesses such as the medical field are turning to ERP to increase operational efficiency by combining organizational systems into one single program. The software solution of ERP incorporate data that link departments with a multiplicity of modules in which businesses can select the one that is pertinent to their necessities and as they expand into multiple areas of the business which can be combined into one

For the last two decades, Enterprise Resource Planning systems significantly attracted the industries’ attention. However, ERP implementations is considered one of the most difficult to implement difficult to maintain systems. Hence, there are some critical factors which impact the success or failure of ERP implementation. These factors do not only affect the process of ERP implementation but may also impact the business as whole and in some cases it will result

ERP Systems have a wide array of advantages that can be offered to a business. From tracking sales to managing inventory to centralizing of data for future decision making. This helps keep companies from becoming siloed and not working as one cohesive unit, instead provides seamless functionality between all facets of a business. “There is evidence that investment in information technology to streamline processes and automate transactions provides business benefits by speeding up processes, substituting labor, and increasing operation volumes” (Shang, Sheddon, 2000). With ERP systems operating with the correct blend of information technology and business needs, you’ve created a system can provide countless improvements to business operations.

Communicating between departments is extremely important for many businesses regardless if they are small startup or a fortune 500 company. Different forms of Software are key to this communication. A very specific system that has proven to do this the best is Enterprise Resource Planning, also known as ERP. Enterprise Resource Planning Systems integrate business management along with technology. There are many different areas and functions of an ERP system that include; Manufacturing, Finance, Human Resources, Accounts Payable, and Accounts Receivable. ERP systems have been known to save organizations time and money in many different ways. Although ERP systems have helped businesses integrate their multiple systems into one system there are also many disadvantages of ERP systems that businesses must be known before purchasing.

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

Introduction Enterprise Systems (ES), also called Enterprise Resource Planning (ERP) systems, are among the most important business information technologies to emerge in the last decade. While no two industries’ Enterprise Systems are the same, the basic concept of Enterprise Systems is focused mainly on standardization, synchronization and improved efficiency. ERP is basically the successor to material resource planning (MRP) and integrated accounting systems such as payroll, general ledger, and billing. The benefits of Enterprise Systems are very significant: coordinating processes and information, reducing carrying costs, decreasing cycle time and improving responsiveness to customer needs.

Enterprise Resource Planning (ERP) is one of the widely used software for managing and integrating the whole business. It gives a real time view of business and uses a database in the centre to manage and update the entire information flow in an organization. An ERP focuses on three main aspects as its name suggests they are: Enterprise, Resource and Planning. It concentrates on integrating all the departments in an organization which is considered to be the most difficult part in an ERP implementation process.