Comparative Analysis of ERP Systems: Oracle, ODIN, and IFS

This report provides a comprehensive analysis of Enterprise Resource Planning (ERP) systems, focusing on Oracle, ODIN, and IFS. The report begins by defining ERP systems and their importance in modern business management. It then delves into the architecture of Oracle, examining its two-tiered and three-tiered systems. A fit and gap analysis is included to assess its alignment with organizational needs. The report continues with an analysis of ODIN, exploring its financial performance and infrastructure improvements, and also includes a fit and gap analysis. Finally, the report examines IFS, detailing its financial analysis and the benefits of its ERP system, concluding with a fit and gap analysis. The report offers a comparative perspective on these three systems, providing insights into their strengths, weaknesses, and suitability for different organizational contexts. It also emphasizes the importance of efficient ERP implementation for improving business processes, data management, and overall organizational performance. The report utilizes financial data, system architecture diagrams, and fit and gap analyses to support its conclusions, making it a valuable resource for understanding and evaluating ERP systems.

Running head: ENTERPRISE SYSTEMS
ENTERPRISE SYSTEMS
Name of the Student
Name of the University
Author’s Note

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Table of Contents
ERP System.....................................................................................................................................2
Oracle...............................................................................................................................................3
Fit and gap analysis.........................................................................................................................4
The Open Data Inventory (ODIN)...................................................................................................4
Fit and gap analysis.........................................................................................................................5
IFS....................................................................................................................................................6
Fit and gap analysis.........................................................................................................................6
References........................................................................................................................................8

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ERP System
The three organizations that has been selected for this assignment are Oracle, Odin and
IFS. Enterprise Resource Planning is one of the most advanced technology which helps the
management system in terms of providing any services. It is basically a database which is shared
to manage the process involved in the organization through various activities and applications
(Madapusi and Ortiz 2019). With the three organizations all the details are being provided in this
report.
Nowadays, the demand for implementing ERP in an organization is increasing at a fast
pace. There are varied range of strategies related to the implementation of ERP depending on
vendors offering different services (Ali and Miller 2017). There are some leading vendors such
as Oracle, Odin and IFS who ensures passing through the same methodology and different
phases which are as following:
 To prepare and plan- This phase is the starting phase of the project in which proper
preparation and planning is required. It includes identification of the issues, creating the
scope specification, schedule of the project and plan.
 Design- This step helps in getting through the whole architecture and detailed requirements.
In addition, the design highlighting has to be evolved including the following phases.
 Development-The designs were specified earlier are developed in this phase. Multiple
features and configurations will be added to finalize the required model for going live.
 Testing- This step is the most required element after the development phase. Although, there
is overlapping of this step with the development phase (Schlichter, Klyver and Haug 2018).
In order to meet the client needs it is responsible for testing in a systematic manner.

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 Deployment- In this step, the installation will be arranged at the sites of the customer. Here,
all the system is tested accurately for the smooth functioning (Shen, Chen and Wang 2016) .
Thus, it can be defining as the previous step taken before going live.
 Operation- This is the last step in which the ERP system is all set to go live after having
proper testing and user are in a position to use the system.
Oracle
The architecture of Enterprise Resource Planning system plays a major role in
determining its durability and growth. ERP systems are intended to make use of various
applications, as well as any data involved in it (Jagoda and Samaranayake 20117). There are two
systems in ERP known as two-tiered and three-tiered. In the financial year 2019, the financial
position of Oracle has improved compared to previous year as the net profit has increased in a
greater margin.
Two-tiered system aims at working two ERP systems such as corporate and division.
This system is allowed for two different ERP systems which are operating separately. In
addition, it is separate in nature (Iskra 2018). Three-tiered systems are where the client is also in
exercising ERP as well. The levels of ERP includes different levels of access. Each and every
level have different access than each other.

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Fit and gap analysis
From the above diagram, it can be seen that as the organization is being related to the gap
analysis of Oracle. The transactions that has been done is meaningful and informative which is
efficient and help in development of the organization.
The Open Data Inventory (ODIN)
In the current financial year, the overall financial position of ODIN has increased both in
total assets and also in profit. The current infrastructure has improved from previous years as the
organization has made some changes with technological advancement. For example, if a client
will only have access to the required and the necessary information of the company and will not
focus on the irrelevant information (Jamal 2017). The same thing happens in case of corporate as
it will not have the same ERP system as division would. The ERP architecture is ultimately
consist of this dividing of levels between these users. For the system to operate effectively,
division is necessary as there has to be boundaries between levels.

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There is another architecture called web-based whose goal is to provide opportunity to
the distant users who can have access to the ERP system. Many organizations may not have a
requirement to build their ERP as a web-based architecture but with the growth, having access to
the distant users becomes a necessity (Fredrick and Christopher 2019). In support of the fact, it
has been mandatory to get a solution which is a web-enabled architecture. This architecture is not
authentic as the need and demand have made it web-enabled including some modifications. It
helps in limiting the remote performances and capabilities. As three-tier and web-based
architectures are based on definite technology and networking skill, the SOA is not based on
such factors.
Fit and gap analysis

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The above flowchart shows that in the system that has been implemented in the IFS, can
be understood that it does helps in decision making processes and it enhances the decision
making and also in reporting system in the organization.
IFS
As per the financial analysis of IFS, it can be seen that there has been increase in revenue
of 16% in the financial year 2019, the adjusted EBITA has also increased of 14%, the net
revenue has increase of 20% and revenue from cloud and SaaS has also increased to 56 %
compared to previous financial year.
In the organization, effective ERP system helps in reducing the access time to direct,
examine and process the data. It also helps in arranging the data of the organization. Provide
high-quality and standard services (Hiebl, Gärtner and Duller 2017). The system uses a common
database which aims at avoiding data dismissal and operations. Expenses are decreased at an
extent and save time and effort. Reduces paper use and increases efficiency. Improve
cooperation between department, staff members and customers. Helps in ensuring a Systemic
organizational processes. Improve the internal communication and make the process easy.
Fit and gap analysis
From the above discussion, it can easily be observed that, there is a need for a highly
improvised and efficient ERP system for the company. The company is an Information
Technology based company and they have to keep track of each and every transactions with their
clients. Timely monitoring of such transactions and reporting meaningful information for the
management is the key behind efficient and successful strategies for the company. Following
diagram can show the fit of the proposed ERP system with the requirements of the company.

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It can be observed that, the proposed ERP system can well be compatible with the
information need of the company for their managerial decision making. Hence, it can be
recommended for the company, to go for the adoption and implementation of the ERP system to
enhance the recording and reporting system of the company which in turn will help in efficient
business strategies.

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References
Ali, M. and Miller, L., 2017. ERP system implementation in large enterprises–a systematic
literature review. Journal of Enterprise Information Management.
Attri, R. and Panwar, N., 2018. A literature review on the implementation of Enterprise Resource
Planning (ERP) system. International Journal of Metallurgy and Alloys, 4(2), pp.21-24.
Fredrick, K. and Christopher, D., 2019. Investigative analysis of CRM System Implementation
and the challenges attached to its integration into existing ERP System. From an Organization
Perspective: A case study of a Freight Forwarding Company in Sweden.
Hiebl, M.R., Gärtner, B. and Duller, C., 2017. Chief financial officer (CFO) characteristics and
ERP system adoption. Journal of Accounting & Organizational Change.
Iskra, M., 2018, December. Production planning and production management based on the ERP
II system. In Production Management and Business Development: Proceedings of the 6th
Annual International Scientific Conference on Marketing Management, Trade, Financial and
Social Aspects of Business (MTS 2018), May 17-19, 2018, Košice, Slovak Republic and
Uzhhorod, Ukraine (p. 91). CRC Press.
Jagoda, K. and Samaranayake, P., 2017. An integrated framework for ERP system
implementation. International Journal of Accounting & Information Management.
Jamal, M., 2017. The Impact of ERP System Dimensions Towards Supply Chain Management
Performance. 21st Century China Center Research Paper, Forthcoming.
Madapusi, A. and Ortiz, D.A.C., 2019. The influence of technical competence factors in ERP
system implementations. American Journal of Business, 10(2).

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Schlichter, J., Klyver, K. and Haug, A., 2018. The moderating effect of ERP system complexity
on the growth–profitability relationship in young SMEs. Journal of Small Business Management.
Shen, Y.C., Chen, P.S. and Wang, C.H., 2016. A study of enterprise resource planning (ERP)
system performance measurement using the quantitative balanced scorecard
approach. Computers in Industry, 75, pp.127-139.