ERP Flashcards
What are the five basic business entities
suppliers customers employees invoices/ payents products and services
What is the purpose of ERP system?
centralised database
shared across functional areas
many business processes
What is the business value of ERP systems?
firm wide information
rapid responses to customer requests for info or products
analytical tools evaluate overall org. perf.
What are the roles of ERP in business?
integration of functional areas
redesigning of business processes
standardisation of systems and procedures
networked business
How does ERP influence the marketplace?
globalisation of commerce
technological change
What are the ways to access enterprise systems?
on premise
hosted
on demand
mobile
What is on-premise ERP system?
own computer hardware and software
What are the advantages of on-premise ERP system?
control
flexibility
What are the disadvantages of on-premise ERP system
initial high cost
complex software implementation
maintenance and upgrades
What is hosted Erp?
you own the software on ISP server
What are the hosted ERP?
platform as a service
infrastructure as a service
What are the advantages of hosted ERp
can connect from anywhere
pay once 15%-20%
What is example of on-demand Erp?
software as a service
rent hardware
What are the advantages of on-demand ERp
no upfront costs
easy implementation
What are the disadvantages of on-demand ERP
overtime, monthly fees expensive
less control, at mercy of vendor
What are the advantages of mobile ERP?
improved quality of service greater productivity deeper business relationships competitive advantage increase win-rates with mobile access to real-time customer data
What are the main functional areas
SCM
MS
AF
HR
What does a business process consist of?
set of tasks
logical
Business processes can be tied to a functional area of it can be
cross functional
What are the ERP software vendors
SAP
infor
epicor
microsoft dynamics
What does an ERP consist of?
integrated software modules
central databse
What does ERP supplement in Information Systems?
TPS transaction processing systems
MIS management informational systems
DSS decision support system
What are the companies using mobile ERP
accenture
BMW
Exxon
Coca Cola
