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Erp-the Boon

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RESEARCH PAPER

ERP-THE BOON

INTRODUCTION
This paper presents the evolution of the ERP system since time and how firms have been employing it for generating revenues and providing better solutions to customers .It describes the stages of ERP implementations, the obstacles that firms encountered in generating benefits from the system, advantages, limitations and some critical success factors associated with it and points to be noted during the implementation of ERP system.

LITERATURE REVIEW
Before the ERP era, manual data entry in files used to be a nightmare for the departments. Updating of data, entry of new details was cumbersome and often lead to redundancy of data. With the advent of ERP which provided for a single platform for unified database proved to be a landmark in the history of file management system. It is universally recognized by large and small-to medium-size enterprises (SME) that the capability of providing the right information at the right time brings tremendous rewards to organizations in a global competitive world of complex business practices. It all began with five IBM engineers from Manheim, Germany who worked day and nights and sacrificed the much awaited holidays to develop the next big thing in the history of software-ENTERPRISE RESOURCE PLANNING. As said by ” Kumar & Van Hillsgersberg, 2000 “ERP systems are configurable information systems packages that integrate information and information-based processes within and across functional areas in an organization. ‘ “One database, one application and a unified interface across the entire enterprise” (Tadjer, 1998)’-defines all.
The year to mark was 1972, the softwares for each department were different and communication and integration of data was a tedious task. And then entered SAP which

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