ERP Systems: Implementation & Success Factors

Running head: ERP SYSTEM
ERP Systems
Name of the Student
Name of the University
Author’s note

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ERP SYSTEM
Abstract
The main objective of this report is to identify the reasons behind the increasing use of ERP
software by small and medium sized organizations. This report states few factors like improved
customer service, business performance and growth of business that are responsible for the
adoption of ERP systems by several industries. It identifies certain industries like health and
manufacturing as the biggest users of ERP systems. This report shows how the Enron Scandal
led to the creation of SOX Act. It also discusses about the various sections of this Act. This
report points out how these implications are satisfied by MySAP ERP. The Cadbury and
Hershey’s ERP implementation case studies are discussed to point out the success and failure
factors of ERP systems.

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ERP SYSTEM
Table of Contents
Introduction......................................................................................................................................3
Reasons for adopting ERP software................................................................................................4
Reasons...................................................................................................................................4
ERP software usage in Industries...........................................................................................7
Sarbanes-Oxley Act.........................................................................................................................8
Reason behind the Sarbanes-Oxley Act and Implications......................................................8
MySAP ERP.........................................................................................................................10
Success and Failure of ERP Implementation.................................................................................11
Success Story- ERP Implementation by Cadbury................................................................11
Failure Story- ERP Implementation by the Hershey Chocolate Company..........................12
Conclusion.....................................................................................................................................13
References......................................................................................................................................15

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ERP SYSTEM
Introduction
Enterprise resource planning or ERP software is considered to be business software that
is responsible for managing the various processes in the business (Chiu et al. 2014). It helps in
automating the functions of the back office and increases the operational efficiency of an
organization. ERP systems are gaining importance with time. These systems are becoming an
essential need of the small and medium sized organizations. ERP is an essential business
innovation. Implementation of ERP systems will benefit enterprises of various sizes. SaaS
model delivers a cost effective solution to the small as well as medium sized organizations. SaaS
ERP solutions provide an option to the SMEs so that they can counter their issues regarding
resource constraints as well as business complexities. ERP systems are being implemented in
every industry.
This report discusses about the reasons and benefits of adopting ERP software by the
small as well as medium sized organizations. It also points out the specific industries that can be
considered to be biggest users among of ERP software. It justifies the reason for adopting ERP
software by that specific industry. This report focuses on the reasons for Sarbanes-Oxley Act
along with its implications. It describes how MySAP ERP meets all the implications of the
Sarbanes-Oxley Act. This report identifies one company which has been successful in
implementing ERP software and also talks about its success story. This report also identifies one
such company which has failed in implementing ERP system and describes its success story.