|COMPUTERISED ACCOUNTING IN AN ERP SYSTEM |
|GROUP MEMBERS: |
|THAMER ALALWAN |
|ABDULLATIF AL ALSHAIKH |
|DEVANG BHAVSAR |
The purpose of this paper is to illustrate and investigate the supplier evaluation process by a multiple case study methodology for the organisation, Company to select the impeccable ERP vendor. Tangible and intangible benefits of selected enterprise resource planning packages and in particular managerial, strategic, information technology and organisational benefits of these packages are scrutinized.
Findings showed how a buyer analyses and panels the supplier evaluation process and ensuing best practises to redefine and reshape the supplier information to enhance their decision making process.
Current report on supplier evaluation practises are strictly limited in their emphasis on research confined only to manufacturing industries and reveals only limited benefits. There is a definite possibility of extending these studies to pre and post-implementation benefits of manufacturing firms. A holistic approach has been proposed that will consider the evaluation process as the unit of analysis.
TABLE OF CONTENTS
TABLE OF CONTENTSii
TABLE OF FIGURESiii
2.1ANALYTIC NETWORK PROCESS (ANP)2
2.2STRATEGIC ALIGNMENT MODEL (SAM)4
2.3ORGANISATION BUYING MODEL (OBB)8
TABLE OF FIGURES
Figure 1: Strategic alignment model4
Figure 2: Selection stages5
In today’s vigorous and impulsive business atmosphere, corporations confront incredible task of intensifying markets and mounting consumer expectations. This obliges them to decrease total costs in the complete supply chain, truncate output times, multiply product choice, decrease inventories, enhanced customer service, provide more consistent delivery dates, improve excellence, and efficiently harmonize globe supply and demand. In order to realize these goals, more and more companies are switching to enterprise resource planning (ERP) systems. An ERP is a packaged organisation-wide information structure that incorporates all essential business components into unified system with a common database.
Company is facing a problem in selection of ERP to handle its accounting, financial and operational areas. The current system is interlinked but is not efficient and is resulting in excessive cost in distribution system. The company is packed up with different platform technologies and maintaining the day-to-day operations is not very efficient. Company needs an integrated system, which would work efficiently and would integrate major business areas. A productively implemented ERP can offer the following three major benefits to any organisations: ▪ Business process automation.
▪ Real-time access to management information and
▪ Integration of the essential business functions.
While major consideration is usually directed towards implementation, organisational issues and further stages, selection of ERP software is ignored for the most part. Underlining the importance of this acquisition stage that proceeds with implementation process, it presents a crucial opportunity for practitioners and researchers to scrutinize all the implications and dimensions of implementing and buying the appropriate ERP software prior to obligating their time, money and resources to such a formidable project. (Verville...