An ERP system integrates core business processes including finance, manufacturing, HR, supply chain, and other processes into a single system. ERP systems can be designed for large enterprises or small to medium enterprises. While ERP systems provide benefits like integrated business monitoring and uniform processes, they also have difficulties such as high costs, need for employee training, resistance to change, and challenges with upgrades and implementation.
An ERP system integrates core business processes including finance, manufacturing, HR, supply chain, and other processes into a single system. ERP systems can be designed for large enterprises or small to medium enterprises. While ERP systems provide benefits like integrated business monitoring and uniform processes, they also have difficulties such as high costs, need for employee training, resistance to change, and challenges with upgrades and implementation.
An ERP system integrates core business processes including finance, manufacturing, HR, supply chain, and other processes into a single system. ERP systems can be designed for large enterprises or small to medium enterprises. While ERP systems provide benefits like integrated business monitoring and uniform processes, they also have difficulties such as high costs, need for employee training, resistance to change, and challenges with upgrades and implementation.
PLANNING THE ABILITY TO DELIVER AND INTEGRATED SUITE OF BUSINESS APPLICATIONS –GARTNER
THE SIMPLEST WAY TO DEFINE ERP IS TO THINK ABOUT ALL CORE
PROCESSES NEEDED TO RUN A COMPANY: FINANCE, MANUFACTURING, HR, SUPPLY CHAIN, SERVICES, PROCUREMENT, AND OTHERS. AT ITS MOST BASIC LEVEL, ERP INTEGRATES THESE PROCESSES INTO A SINGLE SYSTEM. -SAP ORACLE NETSUITE ERP MODULES ERP FOR LARGE ENTERPRISES ERP FOR SME DIFFICULTIES OF HAVING AN ERP SYSTEM VERY EXPENSIVE AND THE COST KEEPS ON INCREASING. EMPLOYEES NEEDS TRAINING AND THEN THEY HAVE TO BE RETAINED. RESISTANCE TO ADAPT BY EMPLOYEES . UPGRADING OF INTERNET AND NETWORK CONNECTIVITY. DIFFICULT TO GET INTO AND DIFFICULT TO GET OUT OF. REASONS TO GET AN ERP AS OWNER OF BUSINESS. REQUIRED BY BUSINESS PARTNERS. FINANCE MONITORING. SALES AND MANUFACTURING MONITORING. UNIFORM PROCESSES.