Challenges and Opportunities of Implementing ERP in Small and Medium Enterprises (SMEs)

Running head: ERP IMPLEMENTATION IN ENTERPRISES
Challenges and Opportunities of Implementing ERP in Small and Medium
Enterprises (SMEs)
Name of the Student
Name of the University
Author’s Note:

1
ERP IMPLEMENTATION IN ENTERPRISES
Executive Summary
The major objective of the report is knowing regarding the most significant issues as
well as opportunities of the software of ERP within small and medium enterprises.
This ERP is responsible for providing an incessant advanced and a properly
incorporated overview of the processes of discrete business with several common
databases that are subsequently conserved by database management system. The
significant investments of this IT have eventually become one of the largest type for
the capital expenditure in SMEs for any country. All of these smaller enterprises
increase for the perfect deployment and usage of ERP systems. Moreover, this
system also is responsible for integrating the overall variety of the company based
systems and even makes these transactions or productions completely without
errors to a perfect enhancement of subsequent organizational effectiveness and
efficacy. This particular report has mainly described all of these issues and chances
of the procedure for small and medium sized enterprises. The final section of the
report has even provided a distinct real life scenario for understanding the role of
ERP in SMEs.

2
ERP IMPLEMENTATION IN ENTERPRISES
Table of Contents
Introduction................................................................................................................. 3
Discussion...................................................................................................................3
Enterprise Resource Planning.................................................................................3
Implementation Process of Enterprise Resource Planning in SMEs.......................5
Opportunities in ERP Implementation in Small and Medium Enterprises................7
Challenges in ERP Implementation in SMEs.........................................................10
Case Study of ERP Implementation in Small and Medium Enterprises.................12
Conclusion................................................................................................................ 12
References................................................................................................................14

3
ERP IMPLEMENTATION IN ENTERPRISES
Introduction
Enterprise resource planning can be stated as the integrated controlling of the
significant business associated processes mainly in real-time and is next facilitated
by the software and technology. All of the systems of ERP also track these business
resources such as raw materials, production capacity and the importance of several
business obligations like order, payroll and purchase order (Migdadi & Abu Zaid,
2016). The entire procedure of ERP implementation is the most significant and
important need within a business. The specified ERP technology is solely
responsible to effectively streamline all the business processes into one of the
significant resolution to make a complete business management quite easier and
simpler.
The resources, which are internal and external of any organization are better
maintained within the specified procedure. This is extremely significant for the SMEs
as it is responsible for organizational resource to a much higher level. Furthermore,
these physical assets, financial and materialized resources, human resources are
better maintained with the technology (Wong, Veneziano & Mahmud, 2016).
However, few of these significant issues and chances within this type of ERP
implementation software. This following report will be outlining a detailed discussion
of the ERP implementation within SMEs is respect to subsequent issues or
opportunities. The report will even be depicting a real-life scenario for this case.
Discussion
Enterprise Resource Planning
As per Crumbly and Fryling. (2013), enterprise resource planning is the
business-process management system that is responsible for allowing and enabling