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Enterprise Resource Planning (Erp)

In: Business and Management

Submitted By mohamed78
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Pages 4
Enterprise Resource Planning (ERP)
Mohamed Ahmed
Metropolitan State University
ACCT 340 Accounting Information Systems
Jim Cole
05-06-13

Because of The nature of today’s modern global markets requires companies to maximize their flexibility and ability to respond quickly to an ever changing environment in order to remain competitive, whereas in the past businesses would compete on one or two performance objectives, such as price and quality. It is therefore a necessity for a key player in any market to be able to make quick decisions both within its department including accounting and as a result of moves made by its competitors
I decide to write about amazing system, which is Enterprise Resource Planning (ERP) it is cost and benefits frequently associated with this system. With fast base market, business are not wasting no time to maximize their resources and profit, that is why ERP is essential to every business and here is the main purpose of why every business needs to have ERP system.
ERP system is system that effectively integrates all departments and functions within any given business on to one computer system. If implemented appropriately done, ERP should serve needs of these departments by centralizing any required information, making it easily accessible and vastly improving interdepartmental communicating.
A good ERP system should serve all level of an organization, from senior managers to production workers, with information being provided independently and made readily available by and to any level. The main benefit of implementing ERP system include but not limited to improve communication, better visibility integration of all departments, and business process reengineering often resulting in strategic advantage over competitors. Communication across board and different areas of a business is improved because information has become...

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