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Enterprise Systems Memo

In:

Submitted By reogt123
Words 1072
Pages 5
TO: CEO and Board
FROM: Andres L. Garcia
DATE: June 2nd, 2015
SUBJECT: Enterprise Systems

As a business grows, so does the complexity in keeping all departments running smoothly. Things such as logistics, manufacturing, inventory management and Human Resources are all vital to keep businesses competitive and growing. As this became painfully obvious, technology presented a solution to these issues with the creation of enterprise systems. Businesses soon found that using these systems, they could streamline the management of many of these functions. Further, because these systems collected and managed a plethora of data, tools were also developed to aid in other things like forecasting orders. While these systems had the potential to save money, they also become notoriously known for being incredibly difficult to implement. Through research an analysis, I have determined that implementation of an enterprise system will benefit Wint.
Transaction Processing Systems
Transaction processing systems process data related to functions such as order processing, purchasing and accounting business functions. It also can be used to query data to display a variety of information such as the status of inventory and account balances. This system is especially important when dealing with large and complex orders. Because this data influences the direction of a business, reports that are error-free and quickly accessible are essential. (123Helpme.com, 2015)
Implementation
The strongest and most tangible benefit of implementing an enterprise system is an increase in revenue by reducing the total cost of ownership. Using a system wide solution also allows a company to use a single application, as opposed to the utilization of many different databases which often strain resources and can often contain duplicate data. (GreenBacon). Additionally, these system can

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