What Is an Enterprise System and How Does It Work? Discuss at Least Three (3) Ways It Can Provide Value for a Company.
Assignment 05 BZ380 Management Information Systems
What is an enterprise system and how does it work? Discuss at least three (3) ways it can provide value for a company.
Answer
In today’s competitive business environment, where every business is going global and to manage every functional department such as finance, marketing, human resource or operation along with all the business process, information flows, reporting etc. at each different location or places is itself a big challenge for every organization. In such condition there is a need of enterprise system in place, which will help the organization to integrate all such requirements into one single application tool and with the implementation and integration of enterprise system throughout the organization will make the system of managing things more efficient and it will also make life easier for all within an organization.
We can say that enterprise system such are enterprise resource planning, customer relationship management, enterprise planning system etc. are considered to be application packages which tends to support and integrate all the business processes, reporting, data flow information, etc. in an organization.
Enterprise system such as enterprise resource planning (ERP), customer relationship management (CRM), enterprise planning system etc. works by integrating all the data and the business process of an organization into one single centralized enterprise systems (e.g. in many automotive organizations there is one single enterprise resource planning system integrated to manage all its functions to which all its standalone units are attached which help them to manage things efficiently than ever before) where all the functions can be managed centrally.
The keys to successfully implementing an enterprise system involve training technical staff properly, maintaining the software, and upgrading of current systems. Implementation of a system has to have knowledgeable staff
What is an enterprise system and how does it work? Discuss at least three (3) ways it can provide value for a company.
Answer
In today’s competitive business environment, where every business is going global and to manage every functional department such as finance, marketing, human resource or operation along with all the business process, information flows, reporting etc. at each different location or places is itself a big challenge for every organization. In such condition there is a need of enterprise system in place, which will help the organization to integrate all such requirements into one single application tool and with the implementation and integration of enterprise system throughout the organization will make the system of managing things more efficient and it will also make life easier for all within an organization.
We can say that enterprise system such are enterprise resource planning, customer relationship management, enterprise planning system etc. are considered to be application packages which tends to support and integrate all the business processes, reporting, data flow information, etc. in an organization.
Enterprise system such as enterprise resource planning (ERP), customer relationship management (CRM), enterprise planning system etc. works by integrating all the data and the business process of an organization into one single centralized enterprise systems (e.g. in many automotive organizations there is one single enterprise resource planning system integrated to manage all its functions to which all its standalone units are attached which help them to manage things efficiently than ever before) where all the functions can be managed centrally.
The keys to successfully implementing an enterprise system involve training technical staff properly, maintaining the software, and upgrading of current systems. Implementation of a system has to have knowledgeable staff