You are on page 1of 14

MAF651 –

ENTERPRISE
RESOURCE
PLANNING
(ERP)

For our lecturer


Dr Dgku Habibah Binti Ag Kee
GROUP MEMBERS

1) NUR PASILA BINTI SIANG: (2019312307)

2) RAFEAH BINTI MOHD KIKI : (2019595737)

3) NUR NADIAH BINTI SULEIMAN : (2019573351)


TABLE OF CONTENTS

About the Project ERP vs Financial


Definition of Enterprise Resoutrce
Planning (ERP)
01 04 What the difference between ERP
and financial

History of ERP Project Stages


Timeline of history of ERP 02 05 Here you could describe
the topic of the section

ERP system Our Team


How does an ERP system work? 03 06 Here you could describe
the topic of the section
Definition of Enterprise Resource Planning
(ERP)

• ERP stands for "Enterprise Resource Planning" and refers to a type of software or system used by a business to plan and
manage daily activities such as supply chain, manufacturing, services, financials and other processes.

• Enterprise Resource Planning software can be used to automate and simplify individual activities across a business or
organization, such as accounting and procurement, project management, customer relationship management, risk
management, compliance, and supply chain operations.

• An ERP software system allows for better performance and project management that helps plan, budget, predict and
accurately report on an organization’s financial health and processes.
HISTORY OF ERP

Year 1964 Year 1990 to 2000

Year 1913 FINAL


VERSION -
Present

Year 1970 to 1983 Year


2000 to
2005
1913: An engineer named Ford Whitman Harris developed the
Economic Order Quantity (EOQ) model, a paper-based
manufacturing system for production scheduling.

1964: Toolmaker Black and Decker adopted the first Material


Requirements Planning (MRP) solution that combined EOQ with a
mainframe computer.

1970s-1980s: Computer technologies evolved and concept software


handled business activities outside of manufacturing, including
finance, human resources data, and customer relationship
management (CRM).
1983: MRP II was developed and featured “modules” and integrated
core manufacturing components, and integrated manufacturing
tasks into a common shared-data system.

1990s-2000s: Gartner Group coins term “ERP” to differentiate from


MRP-only systems. ERP systems expanded to encompass business
intelligence while handling other functions such as sales force
automation (SFA), marketing automation and eCommerce.
2000-2005: Cloud-based ERP software solutions arrive when ERP software makers
create “Internet Enabled” products, providing an alternative to traditional on-
premise client-server models.

Present: Software-as-a-Service (SaaS) and Anything-as-a-Service (XaaS) offer


new delivery models for ERP. Remote web-based access for cloud ERP
solutions provide mobile solutions, security, and integration with the
changing industries and smart technologies, including integrations with the
Internet of Things (IoT), Internet of Everything (IoE), and even social media
to provide comprehensive solutions for every industry
Purpose of ERP
The main purpose of an ERP system is to increase organizational efficiency of an
organization by managing and improving how company resources are utilized.

Improving and/or reducing the number of resources necessary without sacrificing quality
and performance are keys to effectively improving business growth and profitability .

ERP software has the ability to collect and compare metrics across departments and
provide a number of different reports based on roles or specific user preferences. The data
collected makes finding and reporting on data faster and gives a complete view of business
performance

ERP systems typically cover all aspects of business operations and


commonly provide:
• An integrated system
• Common database
• Real-time operation
• Support for all applications/components
Types of ERP Systems: Cloud vs On-Premise vs Hybrid

“Hybrid” ERP
Cloud-based ERP software
refers to a combined
software implementation of cloud-
On-Premise ERP is a web-based solution, based and on premise
known as Software as a ERP system solutions. The
software Service (SaaS), where an combination of hosting and
is implemented on site and organization accesses and deployment services vary
maintained in physical stores data on any device by provider. These models
office space within an with an internet connection, can provide ERP users the
organization, hosted on the usually through the flexibility to migrate
company’s own computers purchase of a subscription. between delivery
and servers for full control, Continual support, updates, models, or integrate
support and ownership of training, and flexible benefits not available
the entire system once customizations supported existing implementation.
implemented. by the software provider.
What the difference between ERP and financial

ERP Financial

• While financials handles one area of the


business, ERP encompasses a wide • Financials are the business functions
range of business processes including relating to the finance department of
financials. an organization and includes modules
• ERP software can include capabilities for financial accounting, subledger
for procurement, supply chain accounting, accounting hub, payables
management, inventory, manufacturing, and receivables, revenue
maintenance, order management, management, billing, grants.
project management, logistics, human • Financials software uses reporting
resources/human capital management.
• These advanced technologies deliver and analytical capabilities to comply
data and capabilities that not only with the reporting requirements of
enhance many traditional ERP governing bodies, such as the
functions; they create new opportunities International Financial Reporting
for increased efficiencies, new services, Standards Foundation (IFRS).
and deeper insight across an enterprise.
OUR PARTNERS

Mercury is the closest


planet to the Sun and the
smallest one in our Solar
System
MARS

VENUS

Despite being red, Mars is Venus has a beautiful


a cold place, not hot. It’s name and is the second
full of iron oxide dust MERCURY planet from the Sun
THE TEAM

JENNA DOE
You can replace the image on the screen with
your own

JOHN DOE
You can replace the image on the screen with
your own

JIMMY DOE
You can replace the image on the screen with
your own
THANKS!

You might also like