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2 Erp Sap

ERP systems integrate all business management functions across a company onto a single computer system. ERP combines finance, HR, manufacturing and distribution into a single program that runs off a single database allowing for improved information sharing and communication between departments. Implementing an ERP system provides benefits like streamlined processes, reduced data entry, improved workflow efficiency, and improved customer satisfaction through better delivery and quality. Major ERP vendors include SAP, Oracle, and Microsoft.

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Shipra Sharma
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318 views10 pages

2 Erp Sap

ERP systems integrate all business management functions across a company onto a single computer system. ERP combines finance, HR, manufacturing and distribution into a single program that runs off a single database allowing for improved information sharing and communication between departments. Implementing an ERP system provides benefits like streamlined processes, reduced data entry, improved workflow efficiency, and improved customer satisfaction through better delivery and quality. Major ERP vendors include SAP, Oracle, and Microsoft.

Uploaded by

Shipra Sharma
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PPT, PDF, TXT or read online on Scribd
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What is ERP?

• ERP stands for “Enterprise Resource Planning”. 

• The definition of enterprise resource planning is an


integrated software solution used to manage a
company’s resources. 
• ERP systems integrate all business management
functions, including planning, inventory/materials
management, engineering, order processing,
manufacturing, purchasing, accounting and finance,
human resources, and more.
Why implement an ERP system?

• ERP software integrates all departments and functions


across a company onto a single computer system that can
serve all those different departments' particular needs. 
• ERP combines finance, HR, manufacturing and
distribution all together into a single, integrated software
program that runs off a single database so that the various
departments can more easily share information and
communicate with each other. 
• This integrated approach can have a tremendous payback
provided the software is installed and used correctly.
What are the benefits of an ERP
System?
• The benefits derived from ERP can far outweigh
the costs of the system, providing that the
system is selected carefully and is appropriate
for your company from a feature, cost, and
technology standpoint. 
• Some of the benefits realized are:
• A single integrated system
• Streamlining processes and workflows
• Reduce redundant data entry and processes
Benefits contd…
• Establish uniform processes that are
based on recognized best business
practices
• Information sharing across departments
• Improved access to information
• Turn collections faster based on better
visibility into accounts and fewer billing
and/or delivery errors
Benefits contd…
• Improved workflow and efficiency
• Improved customer satisfaction based on
improved on-time delivery, increased
quality, shortened delivery times
• Reduced inventory costs resulting from
better planning, tracking and forecasting of
requirements
Benefits contd…
• Decrease in vendor pricing by taking
better advantage of quantity breaks and
tracking vendor performance
• Track actual costs of activities and perform
activity based costing
• Provide a consolidated picture of sales,
inventory and receivables
• What are Enterprise Resource Planning (ERP) Systems?
• SAP mean System Applications and Products
• Incredibly large, extensive software packages used to manage a
Company's business processes.
• Standard software packages that must be configured to meet the
needs of a company
• Database programs with the following functions:
• Input
• Storage/Retrieval
• Manipulation
• Output
Who are the big ERP vendors?
•SAP, the German juggernaut
•Systems, Analysis and Products in Data Processing.
•It is implemented in every fortunes 500 companies
at least 9 out of 10
•Oracle/PeopleSoft/J. D. Edwards (J.D. Orisoft)
•Microsoft Great Plains, aimed at smaller companies
•SAP Business One is competing product
• It brings discipline in the Company
• Has various authorization level, Complete tract
record of entries, correction and movements.
• Drilldown facility for mapping the complete
transaction
• Brings over all efficiency in the organization
• Best for growth of business
• Brings various controlling mechanism
• Export / import of data to external source
• It can be implemented in various languages
• It can handle multiple currencies
• Auto bank reconciliation
• Scope for work from home or gives freedom to work
form remote location
• It gives opportunity to use same data to address
more then one period.
• Provided confidence to auditors
• It enhance your carrier

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