ALL >> Computers >> View Article
Best Practices In Extending Erp Software System
ERP (Enterprise resource planning) is a platform which allows various functionalities with one complete package and so this conventional system is adopted by many companies in their endeavour to draw more and better business value from their implementations. Best practices in extending ERP usage and its extensive feature of functionalities are widely adopted in the industries. Over two decades ERP has developed significantly and expand blurring the boundaries of core ERP functionality. SAP and Oracle are few of the applications of ERP that has deep rooted its usage in the diverse industries.
Using Best practises in the extending ERP
While in the software industries the functionality factor is of prime importance whereas in the other average companies the functionality usage is relatively lower. In terms of the best of Breed decision, it's a fundamental practice wherein the best of the software packages are obtained to give a better value for the processes run in the company. But with the growing trend the usage of Best practises in the extending ERP solution provides a wealth of applications for the company and ...
... tout their integrated system as the superior solution, every module of the system may not be best-of-breed.
The deciding factors
The three most important factors to consider in ERP versus Best of Breed decisions are functionality, integration and the ability to upgrade to new releases. An example citing the usage of ERP is in the HR industry, for working out the payroll etc. ERP is a traditional structure that means implementing a single system to handle all critical business functions, whereas few companies find the implementing and integrating with a forte that enables them to handle specific function in a more effective and worthwhile way.
The requirement
Both the processes while selecting requires evaluation depending upon the need. Both of Best practises in the extending ERP and the best of breed decisions come with an advantage and drawback. There will be business risk with the best of breed decision as it will involve good management with the cost and time allied with developing a system from the scratch. With ERP and its changing trends the technical competency with the professional is a mandatory factor whereas with the best of breed, the domain can be restricted to demand specific function with a few skilled professionals aware of .NET, integration etc. In order to create competitive advantage scenario, it's important for the companies to prioritize their needs based on their requirements.
Find information on the benefits of Web Based ERP System. Read information on the different Types of ERP Software. Find information on the ERP Implementation Cost and timeframe.
Add Comment
Computers Articles
1. Why Property Rental Management Software Is A Smart Investment In 2024?Author: RentAAA
2. A Learner's Guide To Neuro Linguistic Programming In Machine Learning (ml)
Author: Ben Gross
3. How Pwa Development Helps Businesses Stay Ahead In The Digital Era
Author: Elite_m_commerce
4. Challenges Of Mobile App Development
Author: Bezos
5. Benefits Of Custom Sofware Development
Author: other
6. How Does Cloud Computing And Advisory Services Help Businesses?
Author: other
7. Amazing Examples Of Php Web Development
Author: Amazing Examples Of PHP Web Development
8. Vr App Development Cost To Build Own Application
Author: goodcoders
9. Web 3.0: The Decentralized Internet Of Future
Author: goodcoders
10. Ways To Leverage Smart It Solutions For Your Retail Business
Author: goodcoders
11. Why Your Institution Needs A Scholarship Management Software
Author: Brenda Joyce
12. The Future Of Digital Solutions: Adopting Progressive Web App Development
Author: Elite_m_commerce
13. Web Design And Development Full Service Agency
Author: Web Design And Development Full Service Agency
14. Data Analytics: Turning Raw Data Into Actionable Insights
Author: John Mathew
15. Python Full Stack Development: Bridging The Frontend And Backend
Author: John Mathew