Accounting Information Systems
Solutions
Accounting Information Systems
Periodically, you will read in the news about one company in the ERP industry acquiring another company in that industry. Discuss the pros and cons of the consolidation of the ERP software industry.
To explain: The pros and cons of consolidation of the ERP software industry.
Introduction:
Enterprise resource planning (ERP) system:
It is the combined management of different activities including the core business functions such as human resources, back room activities and other with the help of well-developed software and technology.
The pros and cons of consolidation of the ERP software industry:
Pros:
- The system will have heightened functionality of the different products where the vendors will incorporate the different features of many products as one.
- Organizations can receive many types of packages from a single vendor.
- It will lead to fewer difficulties while integrating diverse products...
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