This document provides an overview of enterprise resource planning (ERP) systems. It discusses how ERP systems enable seamless integration and information flow across key business processes through interdependent software modules and a common central database. The document also outlines some of the benefits of ERP systems, such as helping to unify an organization's structure, enabling more efficient operations and customer-driven processes, and providing firm-wide knowledge-based management. However, it also notes challenges in implementing ERP systems, such as requiring significant changes to how a business operates and large investments of time and money.
The document discusses the finance module in ERP systems. It is a highly integrated module that connects to other modules like sales, production, purchase, and HR. The finance module includes general ledger, accounts receivable, accounts payable, and asset accounting functions. It also covers accounting transactions, financial reporting, budgeting, consolidation, and internal controls.
Success Formula: How Smart Leaders Deliver Sustainable ValueCity Women Network
Andrew Kakabadse, Professor of Governance and Leadership at Henley Business School presents on THE SUCCESS FORMULA: How Smart Leaders Deliver Sustainable Value
This document provides an overview of enterprise resource planning (ERP) systems. It discusses how ERP systems enable seamless integration and information flow across key business processes through interdependent software modules and a common central database. The document also outlines some of the benefits of ERP systems, such as helping to unify an organization's structure, enabling more efficient operations and customer-driven processes, and providing firm-wide knowledge-based management. However, it also notes challenges in implementing ERP systems, such as requiring significant changes to how a business operates and large investments of time and money.
The document discusses the finance module in ERP systems. It is a highly integrated module that connects to other modules like sales, production, purchase, and HR. The finance module includes general ledger, accounts receivable, accounts payable, and asset accounting functions. It also covers accounting transactions, financial reporting, budgeting, consolidation, and internal controls.
Success Formula: How Smart Leaders Deliver Sustainable ValueCity Women Network
Andrew Kakabadse, Professor of Governance and Leadership at Henley Business School presents on THE SUCCESS FORMULA: How Smart Leaders Deliver Sustainable Value