An Assessment on Enterprise Resource Planning Using Weighted Sum Method

[1]. Enterprise resource planning (ERP) software integrates business processes and data from a variety of organisational functional areas, including finance, human resources, procurement, and supply chain management, into a single, integrated system. ERP strives to boost output, give organisations real-time insight into their performance, and simplify internal business procedures. One of the many business processes that can be automated and managed by ERP systems, which typically include a centralised database and a collection of integrated modules, is project management. Other business processes that can be automated and managed by ERP systems include customer relationship management (CRM), inventory and supply chain management, human resource management (HRM), and accounting and financial management. Enterprise Resource Planning (ERP) is significant because it helps connect and streamline corporate operations, increase productivity, and give users real-time visibility into how their organisation is doing. Among the main advantages of ERP are increased productivity, Better decision-making, Planning, Analysis, Design. Alternate parameters: Some alternate parameters of enterprise resource planning (ERP) could include placement, scheduling, shipping, tracking and invoicing. Evaluation parameters: Evaluation parameters of enterprise resource planning (ERP) could include effectiveness, efficiency, satisfaction, volume, complexity, duplication. Compared to other themes, placement has a higher-ranking capacity, and tracking has at least one. Enterprise Resource Planning (ERP) is a software programme that unifies data and business procedures from many departments within an organisation, including finance, human resources, procurement, and supply chain management. ERP aims to improve productivity, provide real-time visibility into an organization’s performance, and streamline corporate processes.