Explain the benefits of an ERP system.
Question:
Explain the benefits of an ERP system.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
An Enterprise Resource Planning ERP system provides numerous benefits to an organization including 1 Improved Efficiency ERP systems automate and stre...View the full answer
Answered By
Joseph Njoroge
I am a professional tutor with more than six years of experience. I have helped thousands of students to achieve their academic goals. My primary objectives as a tutor is to ensure that students do not have problems while tackling their academic problems.
4.90+
10+ Reviews
27+ Question Solved
Related Book For
Financial Accounting Reporting, Analysis And Decision Making
ISBN: 9780730363279
6th Edition
Authors: Shirley Carlon
Question Posted:
Students also viewed these Business questions
-
Pick another government agency that you understand well. Explain what existing processes would be replaced, what the benefits of an ERP system would be, and the challenges faced.
-
(While including reference(s) and citation(s)), can you clearly explain the benefits of using an ERP system and are the ERP systems appropriate for use in all firms?
-
1. Using your local hospital as an example, answer the following questions: a. Where might information silos exist if an ERP system is not being used? b. Should the hospital pursue more efficient...
-
Scenic Ventures is considering an investment in a start-up firm offering ecotourism excursions in Costa Rica. Scenic Ventures estimates that, if the venture is successful, the ecotourism company will...
-
The drawing shows an elastic cord attached to two back teeth and stretched across a front tooth. The purpose of this arrangement is to apply a force F to the front tooth. (The figure has been...
-
Ammonia is removed from a stream of air by absorption in water in a packed column. The air entering the column is at 760 mmHg pressure and 20 C. The air contains 5.0 per cent v/v ammonia. Only...
-
Interest rate swaps can be designated as hedges of underlying borrowings. A swap of floating for fixed rate is a cash flow hedge, but a swap of fixed for floating is a fair value hedge. Why?
-
West Gorham High School is to be located at the population center of gravity of three communities: Westbrook, population 16,000; Scarborough, population 22,000; and Gorham, population 36,500....
-
9. Find EF if: a) DF b) DF = 17 and DE = 12 and DE = 15 82 = D Exercises 7-10 F
-
What key business processes does an ERP system support?
-
Explain how an ERP system integrates the activities within an organisation.
-
Assume that Intel sells $1 billion of computer chips to Dell, Inc., for use in Dell's personal computers. How does this transaction affect aggregate expenditure?
-
discuss the ethical considerations and potential biases inherent in performance evaluation processes, such as halo effects, leniency biases, and demographic disparities, and what strategies can...
-
Consider a 5 - year credit default swap with annual payments. Assume that defaults can happen only halfway through each year. The hazard rate is 5 % with continuous compounding and the recovery rate...
-
discuss the ethical considerations inherent in automated decision-making systems, particularly concerning transparency, accountability, and fairness ?
-
Discuss two ways ( each ) that the mobile phone industry and healthcare industry might be transformed through digital disruption.
-
Discuss and explain what conflict resolution or handling methods will utilize to resolve dysfunctional conflicts within your project team.
-
For the same rock pressure and semi-circular arch in Problem 19, determine the cross-sectional area of yieldable steel arches for ground control.
-
How does health insurance risk differ from other types of insurance risk (e.g., automobile or homeowners insurance)? What is the difference between cost sharing and cost shifting? Is retiree health...
-
_______________: The seller agrees to accept a percentage of the sales price and stays on to manage the business for a few more years under the new owner; the remaining portion of the price is...
-
Private, not-for-profit colleges and universities must have a Statement of Financial Position, Statement of Activities, Statement of Cash Flows, and Notes to the Financial Statements included in...
-
You have just been hired into a management position which requires the application of your budgeting skills. You find out that budgeting has not been a priority of the company. You have contacted...
Study smarter with the SolutionInn App