Tangenz

1. What are the Advantages and
Disadvantages of ERP systems?

2. Advantages of Oracle ERP system:
● Integrates information among all departments: To achieve the
maximum efficiency level, all the teams need to work together
with the same information.
● Increased efficiency for business processes: Transparency
among departments and accessible data support the fast
decision-making process.
● Transparency and shared information among departments.
● Improved reporting and planning: The software comes with the
reporting tools and the same information in all departments.

3. ● Customer services: Access to real-time data means faster response to
customers, faster orders, and delivery services.
● Better security: The ERP system eliminates the need to install multiple
software for every task and allows data transfer across numerous servers,
thus enhancing data security.
● Cost-effective: Going for an ERP system improves inventory planning,
procurement, managing finances, and integrates data which leads to higher
customer satisfaction, thus increase in profits. Implementing the oracle
integrated cloud ERP system will further cut the cost compared to
implementing an on-premises version.

4. Disadvantages of Oracle ERP system:
● Customization process: Customization takes a lot of time, effort,
and expertise. It also requires a fair amount of monetary
investment.
● User participation: The successful implementation is complete
when every employee adopts the system, which in turn requires
a training learning session. Hence, making it a challenging and
time-consuming process.
● Requires training to use: Utilizing the ERP system effectively,
training and learning sessions are required, which consumes a
lot of time. In addition, employees might not feel comfortable
using the system because of its complexities.

5. ● Change in staff: Change in staff is a normal trend in the corporate
community. Hiring is an ongoing process. But the change in staff means
changing trained employees. The training process has to be kept going
every time someone new comes aboard, as training must be in line with the
business processes.
● Resistance to sharing information can affect efficiency: In some
organizations, there could be resistance to sharing internal information with
other departments, which directly impacts the performance of the ERP
system.
● Long-term results: Implementation, customization, and training process
take a lot of time and money, but the impact of the implementation can be
observed in the long term only.

6. Thank You!
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