Open AccessERP Systems Application for Efficient Business Management
Author(s) -
T.F. Shitova
Publication year - 2019
Language(s) - English
DOI - 10.35853/ufh-rmp-2019-it04
Subject(s) - computer science , information system , business value , purchasing , process management , enterprise information system , knowledge management , enterprise system , information technology , risk analysis (engineering) , business , operations management , engineering , electrical engineering , economics , operating system , economic growth , human capital
Contemporary ERP systems have various applications. Today, they are successfully used both in material value adding areas and in services rendering / work performance areas. Taking into account the business’ specific features is crucial for selection of software that will automate the activities of each organizational structural unit and the enterprise as a whole. The task of selecting and implementing contemporary ERP systems for business management requires conducting detailed analysis to identify the advantages and drawbacks of their application, as well as determine economic benefits from application of this information and analytical system. In this research, we relied on methods of economic and comparative analysis and used a systemic approach. The main purpose of research is finding arguments proving the practical value of purchasing an ERP system. The paper presents this research containing information on economic benefits that an enterprise could gain after ERP system implementation. According to the author, using a contemporary information and analytical system makes it possible to solve one of the most important tasks – improve business reliability and controllability through application of contemporary information technologies, which is particularly relevant as enterprise management procedures are growing ever more complicated.