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Task:
Description:
An Enterprise Resource Planning (ERP) system is a fully integrated business management system covering functional areas of an enterprise such finance and accounting, HR, production, sales and logistics. It organises and integrates operation processes and information flows to make optimum use of an enterprise’s resources (erssource, 2012). Most ERP systems contain modules, including an accounting module, within them and organisations have the option of deploying the full system or select modules depending on their specific requirements. An accounting module will handle only individual business functions of accounts whereas a complete Enterprise Resource Planning (ERP) package will handle the entire range of business functions of the organisation. In this assessment task, you are required to research and compile information on five different ERP systems that incorporate finance and/or accounting modules. Present your research information in a tabular format with comparative functions listed side by side. You comparison will be based on;
1. System type and platform
2. Core functions and modules (or applications)
3. Accounting functions (Detailed and itemised)
4. Database type and flexibility
5. System (installation) requirements
6. Approx. cost (if available)
7. Customisation and flexibility
8. Training and support documentation
9. Market differentiation (unique selling point of each system)
10. Local support (Australia)
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