ERP Systems

Question	Answer
Integrating IS: Approach one - 'Enterprise Resource Planning ERP'	Buy a large and expensive software that integrates the main business functions around a single database whilst providing a consistent user interface across business functions. This will take months to configure for your business.
Integrating IS: Approach two - 'Business Process Automation BPA'	Use software design tools to model business processes and run a process execution program to manage communication between the applications involved.
What does 'a single source of truth' mean?	There is a single master copy of every piece of business information throughout the entire organisation. Other systems can access it but only this copy can be edited.
Installing ERP software requires...	Large investments of money, time and expertise.
Why is it important to ensure your ERP helps your business with 'best practice'?	Using ERP's may not benefit your businesses as it does others hence may take away from your competitive advantage. This is why you would customise your ERP.
Are ERP's always accurate.	Although it is rare, ERP's can fail and have massive consequences for the business.

Resource summary

	Created by Sophia Lynch almost 4 years ago