Describe how ERP systems enhance efficiency in a business organization.
Answer to relevant QuestionsHow might the sales and cash collection processes at Boeing Co. (maker of commercial passenger jets) differ from the sales and cash collection processes at McDonald’s?Explain how business process reengineering occurs. Also, explain how it differs from the typical changes in company policies.Go to the COSO web site and locate the guidance on enterprise risk management. The executive summary of the article “Enterprise Risk Management – Integrated Framework” can be downloaded at no cost. Read the sections ...Explain why random access files would be preferable to sequential access files when payroll personnel are changing a pay rate for a single employee. Why is real-time processing essential in an ERP system?
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