Discuss about the Research in Systems Analysis and Design.
The role of technology has been changing and developing in every field imaginable. RealTech is the organization of developing and deploying of new technology and information system. The objective of RealTech is to keep on in present with latest trends and technology capabilities. It would be helpful for the organization to provide the satisfactory services to the customers. The report will focus on ERP software application for the RealTech organization. ERP stands for Enterprise Resource Planning and referred to as software of business management typically a suite of integrated applications. It can utilize to gather, manage, accumulate and interpret data from the activities of business (Nwankpa, 2015). The kinds and comparison of ERP software will be defined in this report which will be helpful to understand about the various kind of ERP software. A specific ERP software application will be chosen for the RealTech organization and the feature and role of selected software application will be discussed.
It is easy to understand ERP software application which is friendly for users. It has the ability to manage the different activities of different department of the organization and help to make important decision for the management queries.
It is the ERP software application to accelerates higher services to the customers, business cycle and improve the reliability of the data. It is able to provide real time visibility into business for making faster decision.
Oddo is a set of application of business that facilitates organization to enhance their business. It provides facilities to the business for growing their sales boost productivity and organizes marketing activities.
It addresses the core business requirements of software of midsize and large organization. It involves four individual solutions that support key areas of organization planning of resources.
NetSuite seamlessly ties together accounting/ERP with customer-facing CRM and ecommerce applications allowing you to support your entire business with one system.
|
Base of differences |
Dynamic |
NetSuite |
Oddo |
SAP ERP |
|
Role of software |
The role of dynamic ERP software is useful because it provides the effective services to the organization. |
NetSuite impeccably binds together ERP with customer facing CRM. It provides an opportunity to manage all application at one place. |
It is able to give effective solution of the management issues related to every department. |
It provides effective solution and helps to make decision for the planning of resources. |
|
Advantages |
It has very smooth learning process which allows its user to understand in easy manner (Hota, 2012). |
The reporting of NetSuite is robust in comparison of simplistic solution. It has a modern layout and it is cloud based as well. |
The advantage of this software is that it provides customized solution. Older version can easily migrate easily into cloud of Oddo in short period. |
It provides track record regarding working in large companies. It has different modules as well which is able to provide effective solution of management issue such as MM and SD modules. |
|
Disadvantages |
Some functions of this software are typical and training is required to user for understanding. |
Due to lack of support, there is difficult to setup the connection. |
The learning of python is required for deep customization. |
SAP ERP is complicated software and consumes time for accustomed to the interface. |
Various application of ERP software has been discussed. The most suitable application software for RealTech would be NetSuite. The chosen ERP software is able to keep all information system current, effective and integrated. The features of NetSuite are described below.
NetSuite ERP software modernizes the process of back office processes for enhancing the business of RealTech. It accelerates business capacity, recover reliability of data and provide higher levels of services to the customers, partners and suppliers. Real time visibility can be analyzed with the use of his software application which is able to make decision making. It would be beneficiary for the RealTech because it provides the entire application related to different management at one place. RealTech is facing issues regarding handle the information system. It has the ability to replace the older version and provide the new updated technological solution. The risk can be reduced by executing a new solution with using NetSuite software (Lenart, 2011). The nature of solutions has mechanized the process of supply chain and relationship with customer in a way that can aid RealTech to drive growth of the organization. It would be supportive for the RealTech to handle the management in appropriate manner and carry out various innovations so that RealTech can progress in the business effectively.
It is the software which is cloud based and allows organization to store and keep information in efficient manner. It is easy to understand and the integration of this software is easy. The layout of this software is very modern and as per latest technology. The program of this software is cloud based and the worry regarding hardware crashing get resolve by using the software of NetSuite because it is build up with redundancy and backup. It is able to give so many services and easiest program (Purohit, Jaiswal & Pandey, 2012). RealTech can make easily invoice and the automatically function of this software allow it to add or add not tax. There is a section of file exist which can be used for the purpose of uploading forms such as tax exempt forms or contracts of customer. It would be beneficiary for the company to develop the production plans, maintaining facilities, distribution and purchasing.
ERP includes 5 functions like logistic, human resource, CRM, finance and manufacturing. Real time information, sales force automation, dashboards and marketing automation are certain features of integrated ERP software with marketing and sales. In the context of sale, sales force automation is able to provide an entire activity in 360 degree picture of the customers. The sales of RealTech organization would be increased due to this. ERP integration has capability to generate rationale process of sales, produce capable leads and manage promotion of multi channel marketing. The proposed software has integration of ERP which would be advantageous for the RealTech business operations.
Integration of ERP with supply chain management will offer manufacturing and distribution business so that RealTech would be able to gain wide visibility into all operations. The customer of RealTech would be more satisfied due to adapt new technology in RealTech and NetSuite will increase the efficiency of sales. There are three types of flow in SRM that is material flow, financial flow and information flow. Material flow is the physical flow which represents the movement of the product from supplier to the customer. Information shows the capacity, tracking of order and delivery schedule (Parr, Shanks & Darke, 2011). Financial flow represents the invoices credit terms and arrangement of other ownership. The benefits of ERP on supply chain management would be minimized the delay, helpful in decision making, eliminate errors, reduce costs and inventory optimization.
Integration of ERP with accounting and finance are able to improve the data accurateness and effectiveness by customize key process. It allows easy access to reliable integrated information. The proposed software application would b helpful for the RealTech in the form of automated purchasing management, inventory racking by location, made to stock work order generator. The financial statement of the company can be made in easy manner. It is able to simulate which effects of posting to the general ledger previous to the actual update. It allows management of organization to give answer quickly to all measurements of key financial including inventory management, cost of sales profit and loss and variances (Olson, Chae & Sheu, 2013).
Proposed software has many benefits in the context of ERP integration with human resources. It can attract and retain the talent, enhance the insight of organizational, able to keep entire information about the organization at one place, personalize the role centers to enhance the productivity and provide convenient and easy to access on the portal of the employee. The attendance with compete information can be kept by RealTech organization with the help of ERP software application.
Conclusion
It has been concluded that ERP is able to handle the different areas such as commercial, logistics, production, distribution, finance and human resources. The proposed ERP software for RealTech organization is NetSuite. It has positive as well as negative impact. The proposed ERP software with supply chain management will progress productivity across various departments. NetSuite software of ERP would be able to decrease the operational cost. Integration of the wholes system is essential for the system to get the long term benefits. The negative influence of this proposed application is that it has complexity while setting up initially and training is required for understanding the program and function of this software.
References
Harris, R., & Schultz, T. (2016). Teaching ERP Implementation with Microsoft Dynamics Sure Step. Proceedings of DYNAA, 7(1).
Hota, J. (2012). Implementation of ERP SaaS option for HRIS reporting practices. Browser Download This Paper.
Lenart, A. (2011). ERP in the Cloud–Benefits and Challenges. Research in systems analysis and design: Models and methods, 39-50.
Nwankpa, J. K. (2015). ERP system usage and benefit: A model of antecedents and outcomes. Computers in Human Behavior, 45, 335-344.
Olson, D. L., Chae, B. K., & Sheu, C. (2013). Relative impact of different ERP forms on manufacturing organisations: an exploratory analysis of a global manufacturing survey. International Journal of Production Research, 51(5), 1520-1534.
Parr, A. N., Shanks, G., & Darke, P. (2011). Identification of necessary factors for successful implementation of ERP systems. In New information technologies in organizational processes (pp. 99-119). Springer US.
Purohit, G. N., Jaiswal, M., & Pandey, M. (2012). Challenges involved in implementation of ERP on demand solution: Cloud computing. International Journal of Computer Science Issues, 9(4), 481-489.
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