Every organization should select the ERP packages after a perfect analysis of the direct, indirect and hidden costs of ERP implementation. The annual maintenance cost varies according to the ERP features and its usage. Maintenance of hardware, software, license renewal, customization, up gradation and introduction of add-on applications all contribute to annual maintenance costs in different amounts. Proper evaluation of the annual maintenance costs is important for regular checking and up grada
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Enterprise Resource Planning is being implemented by most of the organizations to streamline its business processes. ERP enables smooth flow of information between the functional departments in the organization. The strengths of an ERP are security, high integrity, scalability, controlling, tracking and monitoring. ERP system has evolved from earlier times and it continues to evolve and address new topics in the market. The latest trends in ERP or Enterprise Resource Planning are many. It calls
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Enterprise Resource Planning has many advantages and helps in streamlining the business process of the company. But in some cases ERP does not deliver the desired results when it is not successfully implemented. Some of the most common reasons why ERP is not successfully implemented are lack of communication, improper planning, internal problems in the organization and poor data visibility. The ERP implementation is considered failed when it does not provide the features it promises or there are
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ERP is Enterprise Resource Planning and BPR is Business Process Reengineering. EPR integrates the primary business applications and provides a customized solution. It covers areas such as human resources, sales and distribution, quality management, production management, accounting, project management and plant maintenance. Business Process Reengineering is redesigning of the business process for improvement of performance. It aids to eliminate wasteful tasks and reorganize procedures to prevent
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Enterprise Resource Planning aids in optimizing the resources and manage the business process to fulfill the goals according to the requirements of the customer. Many medium scale companies are turning towards implementing ERP system but the question is when to consider ERP? This can be answered keeping certain points in mind. Some small scale companies may not actually require ERP system as it depends on the business and the complexity of the business. One does not have to implement it just bec
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