University Assignment: ACF5330 ERP System Critical Analysis Report

This report provides a comprehensive analysis of Enterprise Resource Planning (ERP) systems and their impact on businesses. It begins with an abstract and article summary, followed by an introduction that defines ERP and its core functionalities. The report includes a literature review discussing the ...Read More

Running head: ENTERPRISE RESOURCE PLANNING SYSTEM
Enterprise Resource Planning System
Name of the Student
Name of the University
Authors note

1ENTERPRISE RESOURCE PLANNING SYSTEM
Abstract
The organizations that are implementing the Enterprise Resource planning system (ERP) are
reaching the global phase. The paper depicts the benefits associated with ERP.

2ENTERPRISE RESOURCE PLANNING SYSTEM
Article summary
This paper gives the impact of ERP within an organization. The paper also provides a critical
analysis of the provided document. The paper further explains how the ERP system has
helped in customer satisfaction.

3ENTERPRISE RESOURCE PLANNING SYSTEM
Table of Contents
Introduction................................................................................................................................4
Literature review........................................................................................................................4
Learning Reflection and Critique...............................................................................................5
Conclusion and future directions...............................................................................................6
References..................................................................................................................................7

4ENTERPRISE RESOURCE PLANNING SYSTEM
Introduction
ERP can be viewed as a software that is used to perform business management
process. It provides an integrated system which is used to collect, store and manage the data
of any business. It maintains a database for the organization which keeps a record of all
business activities such as business orders, purchases, payrolls, sales, HR and accounting.
The ERP system module is designed to perform all the core business functionalities that is
required to run a company smoothly (Shen, Chen & Wang, 2016). The ERP system software
uses new technologies such as Artificial intelligence and machine learning. They are used to
manage those parts of the business that generates profit for the company. This outstanding
approach effectively enhances the processes of the business by providing next generation
technology. The invention of ERP system by Gartner Group has proved to be a robust tool to
integrate core functionality of a business (Saade & Nijher, 2016). Because of its cost effective
nature, these systems can be used by large, medium as well as small industries. The mist
common ERP system that is widely used by the organizations are Cloud-Based and On-
Premises.
Literature review
In this modernized world where everything is modernized, the business organizations
are also relying upon technologies to handle immense workload. The implementation of ERP
within an organization plays a major role in impacting the business positively. The ERP
system uses databases that helps in keeping track and maintain useful data. It helps the
business to integrate the entire procedure. They provide information to the companies in real

5ENTERPRISE RESOURCE PLANNING SYSTEM
time helping them to make fair and accurate decisions for the welfare if organization. They
helps in taking those decisions that optimizes the investment of the company (O'Sullivan &
Caiola, 2016). Though the execution of EROP system takes time but the way it gives changes
will help to grow the business. ERP systems on business provides task completion. The
execution enhances the relationship with the customers and gains potential trust from them.
Since this is an automated approach, the process requires less effort and makes the whole
organization flexible and robust. It helps the organization to sustain in major competitive
environment. The introduction if EROP within the organization has eliminated several issues
and has provides strategic, managerial and operational benefits (Kurbel, 2016). The startup
company can also be benefited with ERP technologies as it enables the vendors to provide
technology such as SaaS. ERP system provides greater security by ensuring firewalls in every
system that restricts any unauthorized access or data breach. It also keeps a record the
activities of employees which helps the manger to get the performance details of their
employees.
Learning Reflection and Critique
The research paper has provided the impact of ERP system on accounting information
system. It has tried to link between the benefits of ERP and user satisfaction. It has
successfully analyzed the benefits by providing empirical evidence. It illustrates how
accounts has been impacted by the use of ERP system. It analyzes the rate of success of the
organization and performance and the level of customer satisfied due to the use of ERP
system. The research paper provides a vivid description of how traditional information
system is different from the ERP system. According to (Trigo, Belfo & Estébanez, 2016), the
use of ERP system has afeccte4d the accounts processes in both positive and negative
manner. (Appelbaum et al., 2017) has depicted the motive of ERP system in accounts and the

6ENTERPRISE RESOURCE PLANNING SYSTEM
various methods that has helped in making the decision process easier for the accountants. It
has helped the accountants to continue their daily activities with much ease and in return has
provided extra time to analyze and interpret process.
Critically analyzing the whole research paper I have founded some limitations in the
research appear. The paper has failed to examine every possible benefits that accounts
department will have. The empirical evidences has only involved companies from Greece.
Moreover, the greater involvement of accountants than the IT professionals has made it
limited.
Conclusion and future directions
Finally, the paper concludes by investigating the applications and advantages of ERP
system for accounting. Further direction will provide the disadvantages that may be
experienced by accounting while evaluating the ERP system.

7ENTERPRISE RESOURCE PLANNING SYSTEM
References
Appelbaum, D., Kogan, A., Vasarhelyi, M., & Yan, Z. (2017). Impact of business analytics
and enterprise systems on managerial accounting. International Journal of
Accounting Information Systems, 25, 29-44.
Kurbel, K. E. (2016). Enterprise resource planning and supply chain management.
SPRINGER-VERLAG BERLIN AN.
O'Sullivan, J. A., & Caiola, G. (2016). Enterprise Resource Planning Concepts:
Understanding the Power of ERP for Today's Businesses. DMMSI, Associates.
Saade, R. G., & Nijher, H. (2016). Critical success factors in enterprise resource planning
implementation: A review of case studies. Journal of Enterprise Information
Management, 29(1), 72-96.
Shen, Y. C., Chen, P. S., & Wang, C. H. (2016). A study of enterprise resource planning
(ERP) system performance measurement using the quantitative balanced scorecard
approach. Computers in Industry, 75, 127-139.
Trigo, A., Belfo, F., & Estébanez, R. P. (2016). Accounting Information Systems: evolving
towards a business process oriented accounting. Procedia Computer Science, 100,
987-994.