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Write 16 pages thesis on the topic concepts of enterprise resource planning. 1. Integration across entire business processes of company – It is necessary for complete integration which includes all as
Write 16 pages thesis on the topic concepts of enterprise resource planning. 1. Integration across entire business processes of company – It is necessary for complete integration which includes all aspects of any business, such as the front end which faces customers, the planning and scheduling process to the production of the products, and their distribution for the realization of comprehensive ERP system benefits.
2. Enhancing productivity with automation – The main benefit of an ERP system is to automate various business processes which increases efficiency, reduces errors at a faster speed. It also enables people to free themselves from various mundane tasks and increases productivity.
3. An increase in overall performance – ERP system helps to avoid discontinuity, duplication, and people who are working at cross purpose in different sections of any organization with the integration of disparate business processes. The cumulative positive effect of this change is the overall best performance of the company.
5. Integration across the complete supply chain – The best ERP system extends its reach beyond the company and integrates both with the organization’s customer and supplier system for ensuring full efficiency as well as visibility across the entire supply chain of the company.
Presently General Ledger at Microsoft Dynamics GP is being used for various tasks such as setting up budgets, posting beginning balances, and entering charts of various accounts. Also, it is also being used for completion of the following tasks
The entry of various posting accounts which enables the posting of transactions from various subsidiary ledgers to General Ledgers. After that, we can review and correct them if it is required or post them in one step through General Ledger
Presently, Fixed Asset Software is being used for setting up, entering and maintenance of asset records and the addition of user-defined and insurance and information. This software is also being used for the creation of additional records regarding each . .asset. .
