Principles of Information Systems (MindTap Course List)
12th Edition
ISBN: 9781285867168
Author: Ralph Stair, George Reynolds
Publisher: Cengage Learning
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Concept explainers
Question
Chapter 9, Problem 2DQ3
Program Plan Intro
ERP (Enterprise Resource Planning) system:
- It denotes software for business process management that permits an organization in using integrated applications in system.
- It manages business and automates many back office functions linked to technology, services as well as human resources.
- The ERP software assimilates all operation facets.
- It includes product planning, engineering, development, marketing and sales.
- It is performed in a single
database , user interface as well as application.
Software as a Service (SaaS):
- It is a service that permits businesses to subscribe the web-delivered application software.
- The business pays a monthly service charge or a per-use fee in most cases. Many company activities are maintained by SaaS.
- SaaS vendors contain Oracle, SAP, NetSuite, Salesforce, and Google.
- It will save time, decrease cost and enhance profit, and provide flexibility in uses.
Explanation of Solution
Benefits of ERP system:
In these days, ERP has become very essential for the proper functioning of the business and it has various advantages as follows.
- It provides provision of single point of information.
- It helps in making the data for business intelligence.
- It helps in streamlining the process and reducing the operational cost.
- It helps in making the data for business insight.
- It helps in various functions that take place in HR’s finance as well as in inventory and Supply chain management.
- It helps in reporting as well as Management
Information System (MIS) as it is the single and integrated information source.
Drawbacks of ERP system:
The main disadvantages of using general ERP systems are as follows:
- In ERP systems, it is very difficult to measure cost savings or payback.
- It is difficult to implement in a decentralized organization.
- The cost of implementing ERP software is very high.
- It requires a lot of training for making the employees aware of the ERP functioning.
Benefits of SaaS:
- It will save time, decrease cost and enhance profit and provide flexibility in uses...
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Chapter 9 Solutions
Principles of Information Systems (MindTap Course List)
Ch. 9.5 - Prob. 1DQCh. 9.5 - Prob. 2DQCh. 9.5 - Prob. 1CTQCh. 9.5 - Prob. 2CTQCh. 9.6 - Prob. 1DQCh. 9.6 - Prob. 2DQCh. 9.6 - Prob. 1CTQCh. 9.6 - Prob. 2CTQCh. 9 - Prob. 1SATCh. 9 - Prob. 2SAT
Ch. 9 - Prob. 3SATCh. 9 - Prob. 4SATCh. 9 - Prob. 5SATCh. 9 - Prob. 6SATCh. 9 - Prob. 7SATCh. 9 - Prob. 8SATCh. 9 - Prob. 9SATCh. 9 - Prob. 10SATCh. 9 - Prob. 11SATCh. 9 - Prob. 12SATCh. 9 - Prob. 13SATCh. 9 - Prob. 14SATCh. 9 - Many multinational companies roll out standard IS...Ch. 9 - Prob. 1RQCh. 9 - Prob. 2RQCh. 9 - Prob. 3RQCh. 9 - Prob. 4RQCh. 9 - Prob. 5RQCh. 9 - Prob. 6RQCh. 9 - Prob. 7RQCh. 9 - Prob. 8RQCh. 9 - Prob. 9RQCh. 9 - Prob. 10RQCh. 9 - Prob. 11RQCh. 9 - What is source data automation? What benefits can...Ch. 9 - Prob. 1DQCh. 9 - Prob. 2DQCh. 9 - Prob. 3DQCh. 9 - Prob. 4DQCh. 9 - Prob. 5DQCh. 9 - Prob. 6DQCh. 9 - You are a member of the engineering organization...Ch. 9 - Prob. 8DQCh. 9 - Prob. 9DQCh. 9 - Prob. 1WECh. 9 - Prob. 2WECh. 9 - Prob. 1DQ1Ch. 9 - Prob. 2DQ1Ch. 9 - Prob. 1CTQ1Ch. 9 - Prob. 2CTQ1Ch. 9 - Prob. 1DQ2Ch. 9 - Prob. 2DQ2Ch. 9 - Prob. 1CTQ2Ch. 9 - Prob. 2CTQ2Ch. 9 - Prob. 1DQ3Ch. 9 - Prob. 2DQ3Ch. 9 - Prob. 1CTQ3Ch. 9 - Prob. 2CTQ3
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