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Impact of Erp in Accounting System

In: Computers and Technology

Submitted By patriciagpy
Words 6377
Pages 26
IJMBS Vol. 1, Issue 3, September 2011

ISSN : 23 30-9519 (O nline) | IS S N : 2 2 3 1 -2 4 6 3 ( Pri n t )

Impact of Enterprise Resource Planning (ERP) in
Accounting Systems: A Case Study
1
1,2

Kgomotso Matengu, 2Dr. B.N. Swami

Faculty of Business, University of Botswana, Gaborone, Botswana

Abstract
ERP assists with centralized data bases, quick access to information and easy management of data in terms of backing up of data and restoration of data as required by the organization. The main aim of this paper is to locate the impact of ERP and its implementation in accounting practices. The allied objectives of this research are to locate the problems and prospects of ERP taking the local bank as a case study.
The users of ERP have good faith in the programme having taken into account of the programme’s reliability, accuracy and response to time. The main worry is the limitation of budget where the implementation of the programme requires heavy budget for hard and soft ware and training the personal for sending the staff for exposure in ERP.
Keywords
ERP, Functions, benefits, problems & prospects)
I. Background Information
Companies are slowly moving from individual system modules to more integrated systems. This has on one hand provided lots of opportunities and cost savings and on the other hand created few challenges and complications for the management at different levels in an organization. It is estimated that between 1.5 and 6.0 percent of annual revenues are spent on ERP implementation [18].
The top five ERP vendors, SAP, Oracle Corporation, PeopleSoft,
Inc. (now Oracle Corp.), JD Edwards & Company, and Baan
International, account for 64 percent of total ERP market revenue. These vendors continue to play a major role in shaping the landscape of new target markets, with expanded product functionality, and higher...

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