Strengths And Weaknesses Of ERP Integration

Products and services are delivered with much higher quality. ERP greatly aids management in finding ways to improve their business ' operations and the end product or service it delivers to the end customer. The ERP system will help find problem areas and help the firm exploit what it is good at. THe software is especially beneficial for manufacturing firms that deliver products to customers. The purchasing, warehouse, billing, sales, and customer service departments can see the status of inventories, raw materials, and customer orders all within one area of information. This eliminates potential difficulties that may arise due to inventory and material shortages, customer delivery inquiries, and accounting for shipments.

Implementing an ERP system is not easy and can be very challenging. Managers should be able to recognize and implement strategies to minimize risk, if they recognize the nature and magnitude of the risks they face in the implementation process, they are able to minimize the risks by employing project management and control strategies to address the challenges they face. There are some risks involved with ERP implementation, which involve technology, organization, people, and project size.

Business Intelligence information consists of chronicled data, and additionally new information assembled from source frameworks as it is generated, empowering Business Intelligence supports multi-level decision making processes. Initially, Business Intelligence tools were essentially utilized by IT experts and data analysts whose job is to run analyses and generate reports with query results for business clients. Progressively, however, business administrators and workers are utilizing BI software themselves, on account of the advancement of self-administration of BI and data discovery tools

ERP (Enterprise Resource Planning) implementation is regarded as complex, cumbersome and costly, and, very often, it exceeds the initial estimated resources. The process involves a thorough examination of the business processes in the organisation; selection of the best available software solution that matches the requirements of the enterprise; configuration of the selected systems;, training of staff; and customisation of the selected software solutions including

Today there is a new data management challenge that is an effective method for integrating enterprise applications. To learn from history and predict the future, plenty of companies are using Business Intelligence (BI) systems. Corporations have understood the significance of intensifying achievements of the objectives defined by their business strategies through business intelligence ideas.

Many massive, successful companies ' sole purpose is to create user-friendly BI tools. For example, SAP, PeopleSoft, and JD Edwards are all powerful intelligence systems. These systems can help users with nearly any aspect of a company.

Business intelligence (BI) is a technology-based procedure for analysing data and giving decision based information to help corporate executives, business managers and other end users make more informed business decisions. BI comprises a variety of tools, applications and methodologies that enable organizations to collect data from different sources such as internal systems and external sources, prepare it for analysis, develop and run queries against the data, and create reports, analytic dashboards and data visualizations to make the analytical results available to corporate decision makers as well as operational workers. Simply put, Business Intelligence is technology process that assists in the conversion of raw data into meaningful information. It helps you analyse the past and come up with the strategy to improve the future. When organizations carry out their day- to -day operation, raw data is generated and mostly stored in a database .This data needs to be analysed and meaningful information extracted from it. Based on this output, come up with future strategy that will grow the company. Making future decisions directly from raw data is impossible as a result there is need for the data to be converted into meaningful data. Management makes use of this information to take fact based decision that will result to a better future. The data used for Business Intelligence analysis comes from OLTP (Online transaction processing).These are daily transaction that takes place

All great organizations share one thing in common, the use of business intelligence. Business intelligence (BI) provides tools that revolutionize the way organizations manage business and decision-making. It allows them to transform mass amounts of raw data into reliable information necessary to make important business decisions. BI delivers relevant and reliable information to those who seek it with the goal of achieving better decisions faster. An employee is independently able to navigate through a company’s data and find what he or she needs without relying on others. This means an organization no longer needs to dig through compiled webs of linked spreadsheets, analyze the data manually and mash together reports. Instead, employees can use BI systems to request the specific information that is useful for them (Hitachi Solutions Canada, 2014). BI allows managers to reach the most accurate and contemporaneous information an organization’s database cannot retrieve. The software offers applications for both data analysis and presentation of results. Applications such as data mining and decision support systems allow one to contemplate how he or she wants to analyze the data. Data mining refers to the process of searching for valuable business information in a large database, data warehouse, or data mart. Decision support systems combine models and data in an attempt to analyze semi structured and some unstructured problems with

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.

This choice is a comprehensive ERP integration plan, proved to be most costly and time-consuming plan. This plan also contribute to

R.L Fielding (2008) reiterates that Business Intelligence is a thorough and holistic analysis of the company records, data, information, and software application for effective decision making. All decision making processes need an organized, readily-accessible, and human readable compilations of data. With the use of an effective tool the firm can easily figure out their own business processes, the behavior of their customers, and the economic trend of the industry. With these facts, the firm can arrive at a better strategy to achieve their specified goals with confidence.

Business Intelligence (BI) can be characterized as the set of apparatuses which permits end-clients simple access to significant data and the office to examinations this to help

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.

Title: A study into acquisition and use of enterprise resource planning systems for improved business intelligence and decision making at ABC company

This paper presents the evolution of the ERP system since time and how firms have been employing it for generating revenues and providing better solutions to customers .It describes the stages of ERP implementations, the obstacles that firms encountered in generating benefits from the system, advantages, limitations and some critical success factors associated with it and points to be noted during the implementation of ERP system.