Enterprise Resource Planning

Enterprise Resource Planning

[Name of the Student]

[Name of the institute]

Enterprise Resource Planning

Abstract

Enterprise Resource Planning is efficient and effective software that facilitates the flow of the information within the premises of the organization. Incorporation of ERP in large organizations such as E.ON is highly beneficial as it simplifies the complexities of the organization structure. However, the implementation of ERP incur some cost and complexities but the

Introduction

The aim of the paper is to extricate the significance of the enterprise resource planning. The paper discusses how the incorporation of the ERP facilitates the flow of the information within the premises of the organizations in order to enhance the competitiveness as well as to promote the connection with the stakeholders. Moreover, the paper discusses the cost and issues pertaining to the implementation of the ERP in the large organizations such as E.ON

Enterprise Resource Planning

Enterprise Resource Planning (ERP) is software that integrates the internal as well as external information pertaining to the management across the entire organization. Enterprise Resource Planning embraces all the crucial aspects of the business including finance, accounting, manufacturing as well as sales and services. Moreover, ERP caters customer relationship management and almost all the core areas in order to promote the business activities in a most efficient and effective way.

Significance of ERP

The core purpose of the Enterprise Resource Planning is to harmonize the flow of the information in all the functional areas in the premises of an organization in order to facilitate the connection with the stakeholders. The system has ability to run a wide range of computer hard ware as well as network configuration. Enterprise Resource Planning typically employs a database in order to reposition the information. The software is highly beneficial to promote the competitiveness of the business (Rao, 2000 , pp. 81-88).

Enterprise Resource Planning by ...