Enterprise Resource Planning: Integrating Applications and Business Processes Across the Enterprise

Enterprise resource planning (ERP) systems integrate the primary applications in an organization. A typical ERP system provides applications for accounting and controlling, production and materials management, quality management and plant maintenance, sales and distribution, human resource management and project management. This report from CTR examines the benefits and drawbacks of implementing ERP systems. Implementing ERP suites can improve and update corporate resource management, but the training and costs involved can be prohibitive. Therefore, the report also provides a five-step plan for ERP implementation and explains how to calculate ERP return on investment (ROI).