Business Resources Planning

An example from a company that worked for is a good illustration of the value of ERP. In this company, many of the processes were still done manually even though the company had several computer systems. Financial information was booked in hard-copy ledgers, for example, and information about accounts and business dealings were in employees' standalone PCs where it could not be accessed by others. A sales executive left town on vacation shortly before the company put together a large business deal with one of the clients that he handled. That client was a risk to the enterprise, but no one except the vacationing executive knew about it. By the time he returned, the deal had been made. Since the company's financial reports were all manually done, it was a month and a half before reporting showed a huge decrease in profits. Within a few more months, the company had to be sold. All of this could have been prevented had the company had an ERP.

As this example demonstrates, the primary benefit of an ERP is that it integrate

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Approximate Word count = 818
Approximate Pages = 3 (250 words per page)

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