Enterprise Resource Planning HW Research Paper Example | Topics and Well Written Essays - 750 words

Enterprise Resource planning HW - inquiry Paper ExampleThe paper concludes with the most practical strategy to guarantee that the best ERP option is do avail equal according to a companys business need. Enterprise Resource Planning dust 3 Enterprise Resource Planning System One must(prenominal) consider the scale the vex Enterprise Resource Planning (ERP) vendors in order to understand these vendors gross sales tactics. Millions of dollars ar invested by large-mouthed players such as Oracle/PeopleSoft, SAP, Microsoft, and SYSPRO --- to name some --- to develop ERP organisations (Dowlatshahi, 2005, p.3745). For these vendors, CD copy of the dodge is only if minimal capital thitherfore closed deals for implementations of these systems gain them absolute profit. It should be of no surprise to cop these vendors exhaust all means to close deals with potential clients, since there is a lot of profit at stake (Fulla, 2007, p.35). Some companies report being given trips to the vendors headquarters, luxurious meals and accommodations, and transport by stretch limos (Dowlatshahi, 2005, p.3747). These are all intermit of a vendors strategy in causa clients to buy their ERP system. Basically, these ERP systems are similar in their fundamental functionalities in business processes management. Therefore, to sell a product, vendors must establish their products superiority over other ERP systems available in the market. The danger here is the vendors inclination to make outrageous claims regarding their ERP system. Some vendors publicize the advanced functionality of their system, some undertake for the ease of use, while others offer money-back guarantees of up to millions of dollars if their system fails to double other companys ERP system performance (Fulla, 2007, p.36). ERP vendors even try to sell extra technical and consultation support aside from their packet licenses. Final quotes may include consulting and programming assistance of up to thousands of hours. However, companies should be aware that there are usually fees for this consulting assistance, and it may be easier to find cheaper open market services (Fulla, 2007, p.38). Enterprise Resource Planning System 4 Choosing a trafficker The ERP market has developed to make the products provide the fundamental needs of a typical business. For instance, the big players have general ledgers as well as purchase and sales ledgers than they can offer to financial departments of several companies. However, these standardized systems create confusion among buyers. This is why a vendors reputation plays a vital role in the selection of a system to be implemented in a company. There are helpful criteria that aid in addressing the major issues in evaluating which vendor to buy from. First, the vendor should be able to offer live demonstrations. A previous stack showed that a good demo is seen as the most useful criteria in choosing the correct ERP system for the company. Vendor polici es should also be given consideration, particularly regarding version upgrades or system updates. Vendors should also be able to present a list of solid references that will vouch for the excellent performance of their proposed system. On this part however, buyers should request for information on failed implementations by the vendors. Areas of failure may be more worthy to prise compared to areas of successes, which most vendors will flaunt. Credibility also plays a vital role in choosing the appropriate system for a company. For example, SAP