Factors that Medium-Sized Companies Need to Think Introducing ERP Research Paper

Factors that Medium-Sized Companies Need to Think Introducing ERP System - Research Paper pillow slipMoreover, it has been found that many organizations that have implemented these system of ruless have failed to materialize these systems set out benefits. In fact many organizations have sh knowledge results which are totally against the rivalry supporting the installation of ERP systems in an organization. Research findings have discovered many variables that are needed for the successful executing of these systems in an organization. Amongst these variables are top worry support, organizational culture, sound implementation plan, user involvement, and etch. On the technical side, variables which are of prime importance are sound system architecture, data integrity, system embrasure and etch. Researchers have also found that for the successful implementation of these systems, the top management of the organization needs to clarify the circumstance of these systems. This scope should be very overtake and free from any kind of ambiguity. The importance of this finding stem from the fact that non every business process can be integrated with the ERP system, and in case an organization is unclear to the highest degree this fact than there are likely chances that it will try to bring many undue processes into the relevant scope of the ERP project. This behavior or action will keep adding approach to the entire projects cost, ultimately leading to the project getting over budget. This cost might be so high that it might not justify the value of the benefits derived from these systems. It is therefore of utmost importance that the project team is given a clear scope and vision for the entire project. It is also important that the project team place especial emphasis on the systems architecture, because too much customization of the system may render the system inefficient. It would be better that an organization implementing these systems, tailor its busin ess processes according to the fields of the software. Since these software suits represent the best practices of the industry, therefore it would not be wrong to use these fields rather than tailoring them to correspond to the existing business processes of the organization. SMEs have to carefully consider all the intricacies involved with the implementation of these systems because they do not have the strong capital base to support any mishap encountered during the implementation of these systems. These companies need to be very clear about the objectives they seek to accomplish by installing ERP systems in their operations, because otherwise they would end upon incurring a capital outlay that would be difficult to replenish. INTRODUCTION In order to respond to the needs of its marketplace, a business must have accurate and updated information about its suppliers, customers, employees, invoices and payment and most importantly about its own products and services. A business needs to organize its work activities which use this information to operate efficiently and enhance the overall performance of the firm. Information systems are the direction by which an organization can manage all its vital information and tailor this information in a manner that allows it to make better decisions and remediate the execution of their business processes. Information systems are fundamentally aimed at improving the business process of a company. The manner, in which an organizations work is organized, interconnected and focused to produce a