Comprehensive Report: ERP Selection, Vendor Evaluation, Architecture

This report provides a comprehensive analysis of ERP selection, focusing on understanding business requirements, identifying potential ERPs and vendors, and evaluating ERP systems based on financial position, philosophy, support issues, and hardware/software infrastructure. It delves into ERP modules, architecture, and implications, including fit/gap analysis to identify missing functionality and establish ERP evaluation criteria. The report concludes with insights into the selection process, emphasizing practical necessities, platform suppleness, ease of use, advanced technology, competitive assessing, and vendor backup. Key considerations such as customer relationship management, accounts payable reporting, bank reconciliation, and benefits administration are also addressed, highlighting the importance of a well-integrated ERP system for organizational success. The document also mentions that the website Desklib provides all the necessary AI based study tools for students.

ERP selection

Table of Content
• Introduction
• What is ERP
• Understand the business requirements and challenges.
• Identifying the potential ERPs and vendors list of potential ERPs
• Evaluating ERP systems
• Financial position, philosophy, support issues, hardware & software
infrastructure of vendors
• ERP modules
• ERP architecture and its implications
• Fit/gap analysis
• Identifying the missing functionality
• Identifying ERP evaluation criteria
• Selection of an ERP
• Conclusion
• References

Introduction
• The PPT will be prepared for discussing
the selection of ERP and vendors for the
organisation
• Evaluations of ERP systems will be
completed
• Potentials ERP’s such as SAGE and Odoo
will be discussed
• Discussion on ERP architecture and its
implications will be laid

What is ERP
• ERP is an information system that efforts to
assimilate all the departments across a
company on a single system
• ERP assists in book keeping and accounting
• ERP integrates financial data and provide
real time information
• ERP has costs included in Training,
upgrading and maintenance
• ERP has hidden costs of data analysis,
implementation terms and consultants

Understand the business requirements and challenges
• The ERP requirements on RTC is of
investing
• Identifying the core of business
• Promoting the lean principles
• Quantifying the results and influences on
the business
• ERP integration comes as a major
challenge
• Customisation is another issues of ERP

Identifying the potential ERPs and vendors list
of potential ERPs
Potential ERP’s
Brightpearl
Odoo
SAGE
Intacct
ERPNex
Potential Vendor’s
SAP
Microsoft Dynamics
Oracle
Infor
Epicor

Evaluating ERP systems
• Customer relationship: Ensuring that the CRM module leases
operators interpretation clients crossways a extensive variety of
practice opinions, counting products, geography and more.
• Accounts Payable Reporting: Decent ERP systems will deliver the
AP crew with passable recording so gathering is extra effectual and
account is calmer to consider.
• Bank Reconciliation: latent ERP explanation desires a Bank
Resolution article to help the group reunite bank declaration
balances with the General Ledger cash accounts amount.
• Benefits Administration: ERP needs a system for to accomplish
and trail contribution in welfares programs, counting assurance,
recompense, profit distribution and superannuation packages.

Financial position, philosophy, support issues,
hardware & software infrastructure of vendors.
Vendors Financial
position
Philosophy Support issues
SAP $2.09 million Trader forestalling the
requirements of a
customer and
satisfying their
obligation before the
customer has even
asked.
The user are
required to
complete training
before receiving
access
Infor $1.51 million Customer drive
philosophy
stigma of what was
Infor from the early
2000's
Oracle $2.38 million philosophy states that
there exists only one
optimal execution plan
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Continued
Vendors Release
strategies
Involvement of
users
Currency of
software
SAP Two character ID Creating users Parallel
currencies
Infor Industry
specialization
Altering users Rotating
currency
Oracle Flexible
approach
to strategic finan
cial modeling
Dropping users Euro-EMU

ERP modules
Basic ERP modules
• Human Resource
• Inventory
• Sales & Marketing
• Acquisition
• Supply Chain Management (SCM)
• Engineering/ Production
• Finance & Accounting
• Customer Relationship Management(CRM)

ERP architecture and its implications
• Architecture of the ERP system shows a chief role
to regulate its success and toughness for RTC.
• Three-Tier architecture which is a gauge up of the
client or server
• Two-Tier architecture. It is collected of three
layers Presentation such as Application, and
Database layer
• One-Tier architecture which is of client
computers and file servers

Continued
The steps for implementation are,
• Design
• Development
• Testing
• Deployment
• Operation