The Adoption Rate Of Erp Systems - 2411 Words

Background The adoption rate of ERP systems have drastically increased over time as it offers a vast amount of benefits to organizations. Hau and Kuzie defined an ERP system as a â€Å"multi-module, packaged business application solution that enables an organization to automate and integrate business processes and practices within the firm, share common data, manage resources, and provide access to information in a real time environment† (2010, p. 178). One major advantage of an ERP system is the integration of all the functions of an organization into a single system which brings about the smooth flow of information within the organization. The implementation of ERP ensures information shared by different functions such as accounting, distribution, manufacturing and human resources is seamless and can be accessed at any time by authorized employees only. However, the implementation of ERP systems is complex, costly and often leads to failure. Most organizations tend to modify the ERP system’s functionalities to fit into their existing business process but often end up running into challenges and sometimes failure of the ERP implementation. In the case where the features of an ERP system has been modified, a particular module or program might have an update which is not compatible with the existing system and this could lead to challenges in a production environment. These types of issue are usually encountered when the changes that occurs within the operating process of anShow MoreRelatedArticle Critique : Firm And Employee Effects Of An Enterprise Information984 Words   |  4 PagesInformation System: Micro-Econometric Evidence† The Enterprise Resource Planning (ERP) systems are software packages that are designed to offer integration of all of an organization’s business functional areas of management. 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