Enterprise resource planning software system research

Document Type:Coursework

Subject Area:Business

Document 1

, et al. The enterprise resource planning software system was newly developed to help the integration of the major business into one system. The research thesis educates the reader on the underlying drivers of the software of the software system as well as its uses. Two articles are written by Tian, Feng, and Sean Xin Xu and Hasan, M. S. For instance, urge to keep up with rising and dated technology. The system software serves as a tool in business technology that helps level playing field. That way midsize businesses are offered the chance to compete effectively with larger players in the market. The system software creates a platform for e-commerce which most companies desire increasing its demand. The software creates an easy and problem-free platform for online sales (Tian, Feng, and Sean Xin Xu 17).

Sign up to view the full document!

Less labour is required in providing services to customers from the business perspective (Tian, Feng, and Sean Xin Xu 35). All information on the client’s interaction with the company is stored in the enterprise resource planning system, therefore, saving on labour and time required in retrieval. Benefits of enterprise resource planning The enterprise resource planning system has several benefits both to the producers, inclusive of all workforce and staff involved in the production, and the consumers. For instance, focused information technology (IT) costs. Rather than wasting resources on multiple systems which all require infrastructure, staff, support teams and licenses, the system combines all the diverse costs to one. Another benefit of the enterprise resource planning software system is it improves a business’ reporting and planning.

Sign up to view the full document!

The system software is known for improving visibility and provides better insights. Unified reporting system from proper planning enables easy generation of beneficial analytics and reports at any time. The software enables the business to compare and analyze functions from different departments without the hustle of multiple emails or spreadsheets. Enterprise resource planning system in supply chain management The enterprise resource planning software system is responsible for efficiency in the supply chain management. The enterprise resource planning system software is generally a suite of customizable applications. It enables businesses to manage and integrate vital processes. The effect of the enterprise resource planning software system is evident since its global software market is anticipated to be worth $41. 69 by 2020 Works cited Hasan, M.

Sign up to view the full document!

From $10 to earn access

Only on Studyloop

Original template

Downloadable

Similar Documents

Understanding Business Ethics

Words: 3588

Pages: 13

Internet Marketing Essay

Words: 2120

Pages: 9

Strategic Action Plan Essay

Words: 2466

Pages: 10

Personal SWOT Analysis

Words: 2288

Pages: 9

Exegetical Study Essay

Words: 1696

Pages: 7

Free Trade Area Essay

Words: 1458

Pages: 6