Erp System Of The Cloud

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RESEARCH REPORT ON

ERP SYSTEM IN THE CLOUD

INTRODUCTION:
In recent years, there has been many changes occurred in the management of business environment. In the past years, there was a competition among the industries only for price and quality. But nowadays market demands customer satisfaction firstly along with price and quality of the product. To meet this demanding situation, various measures are taken by the companies. And enterprise resource planning (ERP) is one of the major measure consider by the companies these days. This ERP software is a comprehensive solution package to integrate the organizational processes like sales, finance and inventory management etc. Even
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This Report explains the meaning of ERP system and cloud computing and provides deep knowledge about Cloud ERP software. Its 3 models, position in the market and the factors that affecting the cloud ERP system. This report also gives the knowledge about its benefits and risks which are associated with the system. And explain that why Cloud ERP is better than Traditional ERP system.
WHAT IS ERP:
ERP is a short form of enterprise resource planning. Enterprise resource planning is business process management software that allows an organization to use many applications to manage the business and do many office works like collect, store, manage and interpret the data. This software integrates all faces of an operation including product planning, development, manufacturing, sales and marketing, shipping and payment etc. This software does work related to technology, services and human resources. It is considered as a vital organizational tool as it sis integrates various systems and provide error free results for the system. This software is considered as business application software as it is only designed to be used by large businesses and it often requires teams to do work for the development of the company.
ORIGIN OF ERP:
ERP is the outgrowth of MRP which was referred as Manufacturing Requirement Planning .MRP did the work for only manufacturing so the next generation ERP model was evolved which stretched the system beyond manufacturing. It began to
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