Implementation of Cloud Based ERP System: Project Report
VerifiedAdded on 2023/04/24
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AI Summary
This project report delves into the implementation of a Cloud-Based Enterprise Resource Planning (ERP) system, exploring its advantages, challenges, and benefits for organizations. The research domain focuses on understanding cloud-based ERP, highlighting its potential to reduce costs, streamline IT services, and enhance business application accessibility. The methodology involves data collection and analysis to address research questions regarding the benefits of migrating to a cloud-based ERP system and the problems it resolves. The literature review examines the impact of ERP systems on cost factors and business strategies. Findings indicate that cloud-based ERP offers significant advantages in terms of implementation, scalability, cost savings, and flexibility. The conclusion emphasizes the trade-offs associated with cloud ERP, including reduced investment and data security concerns. The project underscores the importance of ERP as a tool for interconnecting information across organizational activities, supply chain management, and human resource management.
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