2. ERP Defined Enterprise resource planning (ERP) software is a set of applications that automate finance and human resources departments as well as handle jobs such as order processing and production scheduling. ERP vendors have expanded into applications such as supply-chain management, customer relationship management, and industry verticals. 2
3. ERP Functionality Human Resources Finance e-Business -eProcurement - Employee Self Service - e-Recruiting/e-Hiring - e-Filing - Citizen Access - Web-enabled transactions - e-Commerce -General Ledger -Accounts Receivable -Accounts Payable -Procurement -Fixed Assets -Treasury Mgmt -Cost Control -Grant Management -HR/Benefits Administration -Payroll -Self-service HR Transaction Engine Core software that manages transaction flow among applications and handles tasks like security and data integrity Customer Relationship Mgt Data Analysis Supply Chain Mgmt -Consistent user experience - Personalization of services - Realtime access- enterprise info Decision support software that lets senior executives and other users analyze transaction data to track business performance Planning, scheduling and fulfillment applications that address all procurement requirements across the enterprise 3