Reference no: EM13973857
At the beginning of the 21st century, as businesses prepared for Y2K, companies were implementing a new computer system which was Enterprise Resource Planning (ERP). The company where you work wants to implement an ERP system, however, part of management wants to implement it using the "big-bang" approach and the other part of management wants to use the "phased-in" approach. Evaluate the benefits and risk using both approaches.
Individual Portion:
ERP implementations are at risk to extensive cost overruns. Discuss three of the more commonly experienced problems area.
Describe four advantages and four disadvantages of implementing an ERP system at a multinational corporation.
Why might a firm decide to implement only certain modules in an ERP system rather than a complete implementation?
Please add your file.
Group Portion:
ERP brings together all the functions of a company using one software program. When the "big-bang" approach is used, this is when the old system is shut down and the new ERP system is up and running, like going cold turkey. The "phased-in" approach is when only parts of the ERP system is implemented and when that part is up and running then the next part will be phased in.
As a group, complete the following:
After the core of an ERP system has been implemented, any of the modules may then be implemented separately. What is the implication of being able to implement an ERP system on a piece-by-piece basis?
Describe how an enterprise system can assist an organization in optimizing its value system.
Consider a business process that you have experienced at work, as a customer, or as a student. Examples might include any process in a work setting such as payroll and purchasing, or any process with which you have interacted, such as ordering from a Web site, obtaining a loan, eating at a restaurant, or registering for classes at your college or university.
Describe the degree to which the steps in the process are integrated. What is/was the impact of that integration on you and on the organization?
|
Problem regarding the transaction analysis
: Transaction Analysis-Goal Systems, a business consulting firm, engaged in the following transactions:
|
|
How are information systems transforming business
: How are information systems transforming business and what is their relationship to globalization
|
|
Compare and contrast internal and external auditing
: Explain your proposed approach for conducting research necessary to develop quality deliverables and explain how the information gleaned will support your career development in accounting.
|
|
Multiple-step income statement
: Electronics division is a separately identifiable division of Emmit. Emmit's tax rate is 35%. Prepare a multiple-step income statement for 2015. Include a proper heading (Emmit's fiscal year ends on December 31).
|
|
Advantages and disadvantages of implementing an erp system
: Describe the degree to which the steps in the process are integrated. What is/was the impact of that integration on you and on the organization?
|
|
Calculating cash flows
: Calculating Cash Flows. Weiland Co. shows the following information on its 2014 income statement: sales = $167,000; costs = $88,600; other expenses = $4,900; depreciation expense = $11,600; interest expense = $8,700; taxes = $18,620; dividends = $..
|
|
Describe a key role of governance in this process
: Focusing in particular on radiology, behavioral health, or intensive care, what considerations would you be most concerned about addressing and why? Who would you involve in the planning process and why? Describe a key role of governance in this pr..
|
|
Write a response paper about the given story
: Write a response paper about the story "Lost and Found: The Fall of Grace in SONNY'S BLUES". Keywords: James Baldwin, Christian, grace, Sonny's Blues, twentieth century.
|
|
Calculate jamaica tour end-of-year balance
: The company reported net income for the year of $284 million and paid dividends of $17 million to the preferred stockholders and $59 million to common stockholders. Calculate Jamaica Tour's end-of-year balance in retained earnings.
|