Benefits and Implementation of ERP and Cloud ERP Software

This presentation discusses the concept of ERP and its benefits in business, typical components, main problems, critical factors, and steps in selecting ERP. It also covers Cloud ERP software, its benefits, and the difference between Cloud and in-premises ERP. Additionally, it explores popular BI software. The presentation is relevant to Enterprise Information Systems and is suitable for students in relevant courses in colleges and universities.

Assessment 2
Enterprise Information
Systems Case Analysis

Table of content:
• Concept of ERP
• The benefits of implementing ERP in business
• Typical components of ERP
• The main problems in implementing ERP in business
• Critical factors in implementing ERP
• Typical steps in a process of selecting ERP
• Cloud ERP software and difference between Cloud and in-premises ERP
• Benefits of Cloud ERP and examples of the most popular Cloud ERP
• BI software

INTRODUCTION
The ERP basically provides a consolidated and
effectively integrated set of system and process
that is used for effectively gathering and organising
the business data through an integrated software
site which supports more effective functioning and
decision making within an organisation.

Concept of ERP
The concept of ERP (Enterprise resource planning) mainly refers to a type of
software that is being used by the organisations to effectively manage its
data to day business activities thought ensuing better management of
resources and risk compliance.

The benefits of implementing ERP in
business
• Improved department collaboration
• Improved productivity and business efficiency
• Improved security and Risk management-
• Improved customer service

Typical components of ERP
• Human Resources
• Customer relationship management-
• Business Intelligence
• Supply chain management
• Inventory management
• Financial management

Main problems in implementing ERP in
business
• Inadequate Flexibility
• Resistance to change
• High maintenance costs

Critical factors in implementing ERP
• Clear understanding of the strategic goals
• Commitment by top management
• Excellent project management
• Organisational change management
• Great implementation team
• Data accuracy-
• Extensive education and training
• Tendency to cloud based ERP system

Typical steps in a process of selecting ERP
• Make a proper business case
• Encourage executive support
• Assign a dedicated
• Align with vision and strategy
• Execute change management
• Creation of metrics
• Provide training and incentives
• Final decision

Cloud ERP software and difference between
Cloud and in-premises ERP
Cloud ERP software is based on Cloud-based computing that allows users to
have better access to software applications that are based to run on shared
computing resources via connecting to the Internet.
Basis In premises ERP Cloud ERP software
Ownership Costs require large upfront
and ongoing investments
to purchase and manage
the software and the
related hardware,
servers, and facilities
necessary to run it.
Costs are typically much
lower because simply
implement the software
and then access it
through the use of
computer's internet
connection.

Benefits of Cloud ERP
• Helps in avoiding of the costs required for computing infrastructure for
ERP such as hardware and data servers.
• Tend to reduce IT support services for a business as the all the required IT
supports tend to be provided with the help of a data centre supported by
Cloud computing.

BI software
An analysis can be made that the Business intelligence (BI) software comprises
of type of application software that are deigned to effectively retrieve, analysis,
transform and report data for business in an intelligent and effective form.
• Microsoft Power BI
• Tableau Desktop
• Dundas BI

Conclusion
On the basis of current report, a conclusion can be made that ERP is a vital
tool and system that supports better management of its data to day business
activities thought ensuing better management of resources and risk
compliance.

References
• Bouras, A. & et. al. (2021, June). Enterprise Information Systems enhancement: A HyperLedger Fabric based
application. In 2021 9th International Symposium on Digital Forensics and Security (ISDFS) (pp. 1-5).
IEEE.
• Filipe, J. (2021). Enterprise Information Systems: 22nd International Conference, ICEIS 2020, Virtual Event,
May 5–7, 2020, Revised Selected Papers. Springer Nature.
• Chatterjee, S., Kar, A. K., & Mustafa, S. Z. (2021). Securing IoT devices in smart cities of India: from ethical
and enterprise information system management perspective. Enterprise Information Systems, 15(4), 585-615.