ERP Software Application for RealTech: A Comparative Analysis

This report focuses on proposing an ERP software solution for the RealTech organization. It begins with an introduction to ERP systems and their importance, followed by a discussion of different types of ERP software, including Dynamics, NetSuite, Oddo, and SAP ERP, comparing their roles, advantages, and disadvantages. The report then recommends NetSuite as the most suitable ERP application for RealTech, detailing its features and benefits, such as cloud-based storage, easy integration, and a modern layout. It further explores the integration of NetSuite with various business operations, including marketing and sales, supply chain management, accounting and finance, and human resources, highlighting the advantages of each integration. The report concludes by summarizing the positive and negative impacts of the proposed NetSuite implementation, emphasizing the importance of integrating the whole system for long-term benefits and acknowledging the need for initial training due to its complexity.

Running head: Proposed ERP software 1
Project planning
Introduction of proposed ERP software

Proposed ERP software 2
Introduction
The role of technology has been changing and developing in every field imaginable.
RealTech is the organization of developing and deploying of new technology and information
system. The objective of RealTech is to keep on in present with latest trends and technology
capabilities. It would be helpful for the organization to provide the satisfactory services to the
customers. The report will focus on ERP software application for the RealTech organization.
ERP stands for Enterprise Resource Planning and referred to as software of business
management typically a suite of integrated applications. It can utilize to gather, manage,
accumulate and interpret data from the activities of business (Nwankpa, 2015). The kinds and
comparison of ERP software will be defined in this report which will be helpful to understand
about the various kind of ERP software. A specific ERP software application will be chosen for
the RealTech organization and the feature and role of selected software application will be
discussed.

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Kind of ERP software application
There is various kind of ERP software application. The four specific ERP software applications
have been discussed below:
Dynamics
It is easy to understand ERP software application which is friendly for users. It has the
ability to manage the different activities of different department of the organization and help to
make important decision for the management queries.
NetSuite
It is the ERP software application to accelerates higher services to the customers,
business cycle and improve the reliability of the data. It is able to provide real time visibility into
business for making faster decision.
Oddo
Oddo is a set of application of business that facilitates organization to enhance their
business. It provides facilities to the business for growing their sales boost productivity and
organizes marketing activities.
SAP ERP
It addresses the core business requirements of software of midsize and large organization.
It involves four individual solutions that support key areas of organization planning of resources.

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NetSuite seamlessly ties together accounting/ERP with customer-facing CRM and ecommerce
applications allowing you to support your entire business with one system.
Comparison between software application
Base of
differences
Dynamic NetSuite Oddo SAP ERP
Role of software The role of
dynamic ERP
software is useful
because it
provides the
effective services
to the
organization.
NetSuite
impeccably binds
together ERP
with customer
facing CRM. It
provides an
opportunity to
manage all
application at
one place.
It is able to give
effective solution
of the
management
issues related to
every
department.
It provides
effective solution
and helps to
make decision
for the planning
of resources.
Advantages It has very
smooth learning
process which
allows its user to
understand in
easy manner
(Hota, 2012).
The reporting of
NetSuite is
robust in
comparison of
simplistic
solution. It has a
modern layout
and it is cloud
The advantage of
this software is
that it provides
customized
solution. Older
version can
easily migrate
easily into cloud
It provides track
record regarding
working in large
companies. It has
different modules
as well which is
able to provide
effective solution

Proposed ERP software 5
based as well. of Oddo in short
period.
of management
issue such as
MM and SD
modules.
Disadvantages Some functions
of this software
are typical and
training is
required to user
for
understanding.
Due to lack of
support, there is
difficult to setup
the connection.
The learning of
python is
required for deep
customization.
SAP ERP is
complicated
software and
consumes time
for accustomed
to the interface.

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Most suitable ERP application software for RealTech
Various application of ERP software has been discussed. The most suitable application
software for RealTech would be NetSuite. The chosen ERP software is able to keep all
information system current, effective and integrated. The features of NetSuite are described
below.
Proposed application is NetSuite software
NetSuite ERP software modernizes the process of back office processes for enhancing the
business of RealTech. It accelerates business capacity, recover reliability of data and provide
higher levels of services to the customers, partners and suppliers. Real time visibility can be
analyzed with the use of his software application which is able to make decision making. It
would be beneficiary for the RealTech because it provides the entire application related to
different management at one place. RealTech is facing issues regarding handle the information
system. It has the ability to replace the older version and provide the new updated technological
solution. The risk can be reduced by executing a new solution with using NetSuite software
(Lenart, 2011). The nature of solutions has mechanized the process of supply chain and
relationship with customer in a way that can aid RealTech to drive growth of the organization. It
would be supportive for the RealTech to handle the management in appropriate manner and carry
out various innovations so that RealTech can progress in the business effectively.
Benefit of NetSuite software in RealTech organization
It is the software which is cloud based and allows organization to store and keep
information in efficient manner. It is easy to understand and the integration of this software is
easy. The layout of this software is very modern and as per latest technology. The program of

Proposed ERP software 7
this software is cloud based and the worry regarding hardware crashing get resolve by using the
software of NetSuite because it is build up with redundancy and backup. It is able to give so
many services and easiest program (Purohit, Jaiswal & Pandey, 2012). RealTech can make easily
invoice and the automatically function of this software allow it to add or add not tax. There is a
section of file exist which can be used for the purpose of uploading forms such as tax exempt
forms or contracts of customer. It would be beneficiary for the company to develop the
production plans, maintaining facilities, distribution and purchasing.

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Integration of ERP with the RealTech business operations
Integration with Marketing and Sales
ERP includes 5 functions like logistic, human resource, CRM, finance and
manufacturing. Real time information, sales force automation, dashboards and marketing
automation are certain features of integrated ERP software with marketing and sales. In the
context of sale, sales force automation is able to provide an entire activity in 360 degree picture
of the customers. The sales of RealTech organization would be increased due to this. ERP
integration has capability to generate rationale process of sales, produce capable leads and
manage promotion of multi channel marketing. The proposed software has integration of ERP
which would be advantageous for the RealTech business operations.
Integration with supply chain management
Integration of ERP with supply chain management will offer manufacturing and
distribution business so that RealTech would be able to gain wide visibility into all operations.
The customer of RealTech would be more satisfied due to adapt new technology in RealTech
and NetSuite will increase the efficiency of sales. There are three types of flow in SRM that is
material flow, financial flow and information flow. Material flow is the physical flow which
represents the movement of the product from supplier to the customer. Information shows the
capacity, tracking of order and delivery schedule (Parr, Shanks & Darke, 2011). Financial flow
represents the invoices credit terms and arrangement of other ownership. The benefits of ERP on
supply chain management would be minimized the delay, helpful in decision making, eliminate
errors, reduce costs and inventory optimization.

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Figure 1: Integration of ERP
Source: (Harris & Schultz, 2016).
Integration with accounting and finances
Integration of ERP with accounting and finance are able to improve the data accurateness
and effectiveness by customize key process. It allows easy access to reliable integrated
information. The proposed software application would b helpful for the RealTech in the form of
automated purchasing management, inventory racking by location, made to stock work order
generator. The financial statement of the company can be made in easy manner. It is able to
simulate which effects of posting to the general ledger previous to the actual update. It allows
management of organization to give answer quickly to all measurements of key financial
including inventory management, cost of sales profit and loss and variances (Olson, Chae &
Sheu, 2013).
Integration with human resources
Proposed software has many benefits in the context of ERP integration with human
resources. It can attract and retain the talent, enhance the insight of organizational, able to keep

Proposed ERP software 10
entire information about the organization at one place, personalize the role centers to enhance the
productivity and provide convenient and easy to access on the portal of the employee. The
attendance with compete information can be kept by RealTech organization with the help of ERP
software application.

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Conclusion
It has been concluded that ERP is able to handle the different areas such as commercial,
logistics, production, distribution, finance and human resources. The proposed ERP software for
RealTech organization is NetSuite. It has positive as well as negative impact. The proposed ERP
software with supply chain management will progress productivity across various departments.
NetSuite software of ERP would be able to decrease the operational cost. Integration of the
wholes system is essential for the system to get the long term benefits. The negative influence of
this proposed application is that it has complexity while setting up initially and training is
required for understanding the program and function of this software.

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