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ERP (and the values it brings to business) has been a buzzword doing rounds around the businesses across the globe.
ERP (Enterprise Resource Planning) system is a large computer system that integrates application programs in accounting (i.e., accounts receivable), sales (i.e., order booking), manufacturing (i.e., product shipping) and the other functions in the organization. This integration is accomplished through a database shared by all the application programs.
The benefits that an ERP solution brings are myriad for today’s growing business. Therefore, a growing business cannot ignore the values an ERP system guarantees it. Some of the benefits are:
ERP just does not only provide business benefits to the businesses but it also provides other benefits as well. ERP gives an information system three important capabilities :
There are myriad stories around the businesses across the world over describing the success and failure stories of ERP implementation.
ERP has transformed the way multi-billion dollar corporations conduct their businesses. Successful implementation of ERP systems could save tens of millions of dollars and increase employee satisfaction, customer satisfaction and sustain competitive advantages in every- changing marketplace.
Corporate executives are often perplexed by the stories that how reputable corporations have failed miserably and lost ten of millions of dollars in their ERP endures.
The failures of ERP projects are preventable if we can identify the common causes of the failures regardless of the companies and industries that implement them.
An ERP system is a combination of the following :
The failure of an ERP project is often the result of failures in one or more of the above described four components (or groups).
ERP implementation can reap enormous benefits for successful companies or it can be disastrous for companies that fail to manage the implementation process.
Creative Solutions plays a consultative role in selecting an appropriate ERP solution to valuable clients. The consultative role played by Creative Solutions for our client will include :
The above steps are broadly discussed as each one is composed of its own course of activities. In this manner, all working processes of the company at three levels (main processes, sub-processes, activities) are analyzed