ERP Assignment 1: Analysis of Data Streams and Business Functions

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This assignment examines the data streams within an ERP system, focusing on the interactions between different functional areas of a business. The report highlights the importance of data flow between departments such as Marketing and Sales, and Accounting and Finance. It details how information regarding ticket sales, market research, and financial resources is shared across these departments. The Marketing and Sales section emphasizes its role in promoting the business and driving sales, while the Accounting and Finance section focuses on managing the organization's financial resources and ensuring efficient financial administration. The assignment also discusses how data flows from the Accounting and Finance department to other areas, such as budget allocations and invoices. The report underscores the critical role of communication and data sharing in supporting overall business activities and achieving organizational goals, including supply chain management and human resource allocation.
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ERP
2020
Assignment 1
muhammad hassaan rafique
REG # 70068128
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Data streams between the offices to achieve the given undertakings. All the business exercises are
ordered into four practical territories of business. Each utilitarian zone generally has a different office in
the business association. Four practical zones of the business are following:-Accounting and Finance
Marketing and Sales
Marketing and Sales :.
A marketing division advances your business and drives sales of its items or administrations. It gives the
vital examination to distinguish your objective clients and different crowds. Contingent upon the
organization's progressive association, a marketing chief, supervisor or VP of marketing may be in
charge. In certain organizations, a VP of sales and marketing supervises both the marketing and sales
divisions with a solid administrator driving every office. It's essential to keep a solid marketing division
flawless paying little heed to the economy so you stay obvious and keep sales solid.
Private ventures regularly compose their sales and promoting activities uniquely in contrast to bigger
businesses, putting a greater amount of an accentuation on sales until they have adequate capital and
staff to raise the advertising capacity. Understanding what obligations a sales and advertising division
should handle until you all the more officially separate these regions will assist you with augmenting
your assets to support your sales and profits.
Cooperation between different divisions in an organization is basic for expanded benefits. Creation
divisions and showcasing or deals offices have various capacities, however a comparable generally
speaking goal. The two offices hope to improve deals and benefits by providing items that clients need
or need. Promoting and deals uphold inside the creation division can help attach client inclinations to
the creation cycle.
Data that streams from promoting and deals division to different territories is
Information regarding the number of tickets required to Supply chain management
based on the market research.
Information regarding the number of tickets sold to accounting and finance
department.
Information regarding the financial resources required for advertising to finance
department.
Information to the human resource department regarding the resources required in
that area for selling or promotion.
Accounting and Finance:
o Finance Department is the aspect of an association that is answerable for securing assets for the
firm, overseeing assets inside the association and making arrangements for the consumption of
assets on different resources. It is the aspect of an association that guarantees proficient
monetary administration and budgetary control important to help all business exercises. Data
that streams from Accounting and Finance office to different territories is
o Information regarding the invoices is shared with concerned departments
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o Information with respect to the spending plans set for all the regions is conveyed to impart to all
the offices.
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