MIS: Impact of Enterprise Resource Planning (ERP) Systems on Business

This report examines the impact of Enterprise Resource Planning (ERP) systems on businesses, focusing on the RealTech organization's use of NetSuite ERP. It begins with an introduction to ERP, its evolution, and its importance in modern business, categorizing it into various business management software suites. The report then details four types of ERP software applications, including Oracle + NetSuite, SAP ERP, Dynamics by Microsoft, and IFS Manufacturing, comparing their features and suitability. It describes the features of NetSuite ERP, emphasizing its ability to combine business processes, improve decision-making, and integrate with customers, suppliers, and partners. The report then explains how NetSuite is used within RealTech, highlighting its scalability and adaptability. Finally, it explores the integration of ERP with RealTech's business operations, covering marketing and sales, supply chain management, accounting and finance, and human resources, concluding with the benefits of using ERP systems in the business.

Running Head: Management Information System
Impact Of Enterprise Resource Planning (ERP) Systems On Businesses

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Management Information System Using ERP
Table of Contents
Introduction...........................................................................................................................................2
Four types of ERP software Applications..............................................................................................4
Description on the features of the NetSuite ERP application.................................................................5
General description on NetSuite ERP system in RealTech Organization..............................................6
Integration of ERP with the RealTech Business Operations..................................................................7
Conclusion.............................................................................................................................................8
Table of Figures
Figure 1 ERP Plan of an Organisation Source: By Author....................................................................4

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Management Information System Using ERP
Introduction
ERP application software
ERP stands for Enterprise Resource Planning; it is basically the progression of the
Manufacturing Requirement Planning. From the business point of view it is expanding from
the coordination of a manufacturing process to the integration of enterprise- wide backend
processes. From the technological aspect, ERP has been evolved from legacy implementation
to more flexible client server architecture. ERP is the most important for every business
activities. It is the core business processes performed for the real time activity using various
software and technology. It is been categorised into various business management software
that is a typically suite of integrated applications and other is the organisational data which is
sued to collect, manage and store and interpret the data from the core business processes
(Drelichowski et al., (2016). It is an essential for the entire organisation to maintain the new
trends according to the current scenario using various tools and technologies so as to provide
the best services to the customers. The RealTech organisation has various ERP applications
services which include:
1. Manufacturing- In the manufacturing process in the business organisation it
includes some various functions that have the involvement of the engineering,
capacity, workflow management, quality control, billing process and the
manufacturing of products to promote their business organisation.
2. Supply Chain Management- It is the most popular component of an ERP
system. It plays a vital role in all the business processes. It ensures the upstream
and the downstream members of the chain so that to have an easy way of
delivering the products and services to the customers according to the standards
required so as satisfying the customer needs. Supply chain management helps in
collaborating with an organisation for the functionalities and the interaction with
the supply chain members (Bernroider et al., 2014).
3. Financial & Accounting Management- It plays a vital role in every organisation
to maintain the finance and the accounts of a company so as to keep it safe for
future. It is the systematic strategy being followed and performed in the business
from the traditional time. It includes the following like the payable of an
accounts, accounts receivable, fixed assets, general ledger and cash flow
management.

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Management Information System Using ERP
4. Data Warehouse- It is been accessed and maintain all the database of an
organisations customer, suppliers and employees. Data Warehouse is a Meta data
of an organizations electronically stored data. Data warehouse are initially
perform a task to on designing and facilitate the report making and the analysis
made on the database.
5. Human Resource Management- Human Resource management is essential in
every organisation for the efficient management in the employee information,
tracking the employee records and their reviews regarding to their performance,
authorizing the designations, skills regarding jobs description, Regular
maintenance of the attendance (Bradford, 2015).
Figure 1 ERP Plan of an Organisation Source: By Author
Human
Resource
Marketing
and Sales
Financial
Accountin
g
CRM
SCM
Data
Warehouse
ERP

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Management Information System Using ERP
Four types of ERP software Applications of the Business Process Operations
& Its Software Comparison:
1. Oracle + NetSuite by Oracle- It is the best and the most considering tool for
all the business sizes with the depth of Oracle cloud solutions for both the
back and the front office. This too provides the facility of all the
communication channels in the business organisation.
2. SAP ERP by SAP- SAP ERP is a tool used for the addresses of the core
business applications and its software requirements of midsize and large
organizations in all the industries and sectors. It includes the individual
solutions for the finance, human capital management, corporate services etc.
This software is multi-faceted with a great quantity of the data points
(Nwankpa, 2018).
3. Dynamics by Microsoft- This tool is widely used in the organisation at all
level. This tool automates in the financial, customer relationship, and supply
chain processes. This tool is very familiar with the easy adoption by the
company and it reduces the risks essentially with executing a new solution.
4. IFS Manufacturing by IFS- This tool is a component based as it is
specifically used at the industry level for the large business organisations. This
software is most agile by streaming to the most strategic processes. This tool is
used for developing, supplying and implementing of the various applications
of an organisation. This software provides the solutions that serve the
manufacturing as well as the easy way of accessing to the tool and familiar to
do the desire tasks (Greasley et al., 2017).
Selection of the most suitable ERP application software for RealTech
The RealTech organisation has proposed and maintains all the finance, supply
chain management and the database works on the Oracle NetSuite ERP
application software which was proposed by the Siemens. It is a most dynamic
works with the familiar Microsoft tool integrated and adaptable by all the business
management that provide the availability to all the business management to work
with the tool and have the great experience to make the important business

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Management Information System Using ERP
decisions with the greater confidence. It is a familiar tool which works
dynamically to all the business applications. It reduces the risks inherently with
implementation and are familiar with the software adoption. This software helps
in powering and modernizes financial, customer relationship and supply chain
processes in a way that helps an organisation to reach to the goals and success
(Popa & Vaida, 2016).
Description on the features of the NetSuite ERP application-
1. Combining Business Processes across the Enterprise- It is the key used for
all the business processes and performing the variety of functions across the
departments, including marketing and sales, finance, fulfilments of the order,
managing the inventory stock, management of employee etc. This tool helps
the employees not to re-enter the data in different systems, or making the
corrections in the data, or performing the updating. This tool allows the
employees to view and share the actual data in real time; it leads the
organisation to the increase production across the business.
2. Growth in the Visibility for better Decision making- It allows to take the
efficient decision for working on the real time data to the key performance
metrics, taking the backup intelligently and making the correct decisions in the
favour of the organisation. Visibility to the customer dealing with an
organisation results in more efficient and highly personalized towards the
business sales and fulfilment to the services provided to the customers
(Rodrigues et al., 2016).
3. Covering Processes to Customers, Suppliers and Partners- According to
the current scenario for all the business organisations. NetSuite offers the self-
service facilities that enhance both business-to-business and business-to-
consumer relationship. This tool process the cycle between customers,
suppliers and the partners ensuring the place as an ideal partner.
4. Superior Value with an Affordable Pricing- building and reaching to the
growing business, NetSuite offers the affordable prices and implementation to
the business for providing the better services. This tool also provides the

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Management Information System Using ERP
facility for the professional and the educational programs which ensure the
efficient implementation and the long term success (Snellman, 2017).
5. Customizing and Extending with NetSuite- In today’s scenario in the
corporate world NetSuite is the most customize software as a service. This
tool helps in customizing the industry standard tools for the business practices
which fulfil the need and specific industry requirements Customizing of the
products generally encourage in highly customize NetSuite which proposes
one in all kind software application (Chugh et al., 2017).
General description on NetSuite ERP system in RealTech Organization
RealTech organization uses the NetSuite ERP software for the operational
work. This software provides various facilities for easy way of accessing and
maintaining the organisational structure and the strategies and the data of the
customers. This tool helps in performing as many transactions in the same
amount of time. It is easily adaptable and is designed for the lifetime to
maintain all the organizational activities. This tool helps in the entire business
from designing to manufacturing to managing dealers in the corporate world.
This tool is scalable to the growth of an organization. It provides the ability to
be flexible and innovate. This tool provides the way to enter to the entire new
markets efficiently and effectively. RealTech Organisation mainly deals in real
time visibility and cost saving tasks.
Integration of ERP with the RealTech Business Operations
1. Integration with Marketing and Sales- In this the sales and marketing
team coordinate together for the same corporate brand and become a part
of advertising and initial awareness to the people for the decision process.
It is essential to deliver the message in the market.
2. Integration with Supply Chain Management- It is the essential or the
key business processes of an organization, the success totally depend upon
the company networks and relationships in the corporate world. From
supplying of raw materials through end users that provide goods and

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Management Information System Using ERP
services and the information for adding the value for customers (Fischer &
Winkelmann, 2017).
3. Integration with accounting and Finance- The situation of the RealTech
organisation totally depends upon the company as it brings the
organisation into limelight who is contributing to bring the company on
the top. Integrating with A&M it brings an organisation process on a
smooth track.
4. Integration with Human Resources- It is the process of bringing all the
departments together to manage human resource in a business so that they
work effectively to bring the organization on the top in the market (Wong,
& Mahmud, 2016).
Conclusion
Many big Organisations find the Enterprise wide using the NetSuite ERP
solutions. It always keeps the organisation on the top level and keel
updating the demands regarding to all the business activity of an
organisation. It is necessary to satisfy all the requirements in all the
departments of the organisation so that vendors can have the best products
with an industry focus. Using this tool it provides the ease access to an
organisation for the fast processing and to a proper management which
will increase the business value in the market and make the management
on top to achieve all the tasks in the near future (Piazolo & Felderer,
2016).

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Management Information System Using ERP
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