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Enterprise Resource Planning (ERP): Companies and Solutions 2014

Published

September 2014

Pages

65

Pricing

Single-user License: $ 1,995 USD
Team License (Up to 5 Users): $ 2,995 USD
Company-wide License: $ 4,995 USD

Keywords

Enterprise Resource Planning, ERP, ERP Companies, ERP Solutions, ERP Software, SCM, Supply Chain Management, ERP Lifecycle

Overview

Enterprise Resource Planning (ERP) solutions are typically manifest in software architecture that facilitates the flow of information among different functions within an enterprise. Leading ERP solutions catalyze information sharing across organizational units and geographical locations, enabling decision-makers to have an enterprise-wide view of the information needed in a timely, reliable and consistent fashion.

The report provides analysis of leading ERP companies and solutions with evaluation of key strengths and weaknesses of these solutions. This report begins with an evaluation ERP including its use in many enterprise functions. The report assesses the ERP solution selection process as well as risks and challenges of an ERP system implementation/operations. The report also provides a view into the future of ERP.

All purchases of Mind Commerce reports includes time with an expert analyst who will help you link key findings in the report to the business issues you're addressing. This needs to be used within three months of purchasing the report.

Representative Companies/Solutions in Report

• ACUMATICA
• IFS
• LAWSON
• MICROSOFT DYNAMICS
• QAD
• SAGE ERP X3
• SAP
• SYSPRO
• XTUPLE

Target Audience

• Exporters, Importers and Traders
• Regulatory and Policy Individuals
• Associations and Technology Groups
• Government and International Bodies
• Business and Financial Institutions
• Corporate and Institutional Investors
• Lawyers, Bankers, Libraries, Embassies
• Patent Offices and Technology Executives
• Venture Capitalists, Consultants and more

Table of Contents

ENTERPRISE RESOURCE PLANNING 5
OVERVIEW OF ERP 5
WHAT IS ERP? 6
ERP MODULES 7
ERP Supply Chain Management 7
ERP Customer Relationship Management 7
ERP Product Lifecycle Management 7
ERP Human Capital Management 8
ERP Warehouse Management 8
ERP Asset Management 8
ERP Financial Management 8
ERP Order Management 8
ERP Project Management 9
ERP Inventory Management 9
SELECTING AN ERP SOLUTION 9
Structured Approach 9
Realistic and Comprehensive Demonstrations 9
An Objective Selection 10
Customizability 10
Technical Fit 10
Calculate the total cost of ownership 10
Reporting 10
Interface with vendor and client systems 10
Security 11
DEPLOYMENT OF ERP SOLUTION 11
RISKS AND CHALLENGES OF ERP SYSTEM 13
IMPROPER USE OF TECHNOLOGY 13
INABILITY TO CONTROL TECHNOLOGY 14
INABILITY TO TRANSLATE USER NEEDS INTO TECHNICAL REQUIREMENTS 15
ILLOGICAL PROCESSING 16
INABILITY TO REACT QUICKLY 16
CASCADING OF ERRORS 17
REPETITION OF ERRORS 18
INCORRECT ENTRY OF DATA 18
CONCENTRATION OF DATA 19
INABILITY TO SUBSTANTIATE PROCESSING 20
CONCENTRATION OF RESPONSIBILITIES 21
UNCONTROLLED SYSTEM ACCESS 23
INEFFECTIVE SECURITY PRACTICES FOR THE APPLICATION 24
PROCEDURAL ERRORS WITHIN THE IT FACILITY 25
PROCEDURES AND CONTROLS 25
STORAGE MEDIA HANDLING 26
OPERATING SYSTEM FLAWS 29
COMMUNICATIONS SYSTEM FAILURE 30
ACCIDENTAL FAILURES 30
ERP COMPANIES AND SOLUTIONS 32
SAP 32
Strengths and Weaknesses 32
QAD 36
Strengths and Weaknesses 37
SYSPRO 40
Strengths and Weaknesses 40
ACUMATICA 43
Strengths and Weaknesses 43
XTUPLE 47
Strengths and Weaknesses 48
LAWSON 52
Strengths and Weaknesses 52
IFS 54
Strengths and Weaknesses 54
SAGE ERP X3 57
Strengths and Weaknesses 57
MICROSOFT DYNAMICS 58
Strengths and Weaknesses 58
ERP TRENDS AND FUTURE OUTLOOK 60
1. CRM FIRST AND ERP FOLLOWS 60
2. BUSINESS INTELLIGENCE GUIDES ACTION 61
3. ERP MARKET CHANGES 61
4. MERGERS AND ACQUISITIONS 62
5. TWO TIER ERP 62
6. WEB ERP 63
7. TIME TO OVERHAUL 63
8. VERTICAL SPECIALTIES 63
9. ROI MATTERS 64
10. MOBILE ERP 64