1. Presented To :
Mr. Repon Miah
Senior Lecturer
Department of Business Administration, DIU
Course Code: ACC 131
Course Title: Financial & Managerial Accounting
Presented By
Md. Jannatul Nayim Giyem
Section: A
Summer’2018
Department of EEE, DIU
3. Enterprise Resource Planning (ERP)
Detailed Definition
“A business strategy and a set of
industry-domain- specific
applications that build customer
and shareholder communities
value network system by enabling
and optimizing enterprise and inter
enterprise collaboration
operational and financial processes“.
4. Important features of ERP
1. Financial management
The financial module in ERP provides financial functionality and analysis reports for
different departments and cost centers.
2. Human Resource Management
Many different sub-systems under the HR module. The subsystems are Organization
Management, Payroll Management, Time Management and Personal Development.
3. Manufacturing
It constitutes mainly Bill of Material, Engineering Change Note, Shop Floor Control,
Sales and Distribution Plan, Master Production Schedule and many more.
4. Supplier and Purchase Order Management
The purchase module is well integrated with the Production Planning and Inventory
Control Modules and also the supply chain process.
5. Inventory & Material Management
The functions of Inventory Control Module involves identifying inventory requirements,
setting targets, providing replenishment techniques and options, monitoring item usages,
and reporting inventory status.
5. Some ERP Module use in Bangladesh
Human Resource (HR) Module
Accounts Module
Inventory Module
Sales Module
Purchase Module
CRM Module
Commercial Module
Production Module
Supply & Distribution Module
6. Top ERP software Company in Bangladesh
Tally Software Bangladesh
ERP Technologies-Tally Software In Bangladesh
IBCS-PRIMAX Software (Bangladesh) Ltd.
SOFT-BD
Daffodil Software Ltd. (Business ERP Solution)
Invento Bangladesh
Phoenix Software
Smart Software Inc.
Leadsoft Bangladesh Ltd.
Etc..
7. 1. Increased Productivity
Since all the data can be accessed from one location, it easier for the employees to
manage and perform day-to-day tasks.
2. Managing day to day activity made easy
Moving to cloud reduces the cost of managing and maintaining servers. Reduces
the overhead costs like IT staff, power, data storage and bandwidth.
3. Improved decision making
ERP in place will give easy access to the data, hence making it easier for the
management to take crucial decision with easy.
4. Reduced Operation cost
With ERP, all the department’s system are connected to one integrated system. By
integrating, the organization can do away with the issue of duplicate data or
information. ERP also reduces the production cost and the inventory cost.
Benefits of ERP