Implementation of the new information system for financial management (ERP system) at ŽRS a.d. Doboj

It has been observed that most business processes and activities at ŽRS are based on paper documentation or are only partially automated. With a view to eliminating the existing shortcomings, it has been proposed that the new information system should be one from a group of modern ERP systems (Enterprise Resource Planning System) which, with their functionalities, enable the connection of business processes and organizational units that execute those processes into a single system. The advanced capabilities of modern ERP systems enable support for the business processes of individual companies - members of the holding, but also of the holding as a whole. ERP systems are modularly designed, with each module supporting a group of related business functions. The implementation of the ERP system brings numerous benefits, the most significant of which are: integration, standardization, optimization and automation of business processes, increased efficiency, recording of changes in real time, single input and single database. The implementation of the ERP system brings major changes: existing software solutions are abandoned and new ones are introduced, there is a change/redesign of existing business processes and the methods the organization functions as a whole.

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Publication Details

Published
2025-01-01
DOI
https://doi.org/10.5937/imcsm25633u
Primary Topic
Regional Development and Management Studies
Type
article
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article

Implementation of the new information system for financial management (ERP system) at ŽRS a.d. Doboj

Nikola Simić, Siniša Urumović
Regional Development and Management Studies
article

Implementation of the new information system for financial management (ERP system) at ŽRS a.d. Doboj

Nikola Simić, Siniša Urumović
article en

Abstract

It has been observed that most business processes and activities at ŽRS are based on paper documentation or are only partially automated. With a view to eliminating the existing shortcomings, it has been proposed that the new information system should be one from a group of modern ERP systems (Enterprise Resource Planning System) which, with their functionalities, enable the connection of business processes and organizational units that execute those processes into a single system. The advanced capabilities of modern ERP systems enable support for the business processes of individual companies - members of the holding, but also of the holding as a whole. ERP systems are modularly designed, with each module supporting a group of related business functions. The implementation of the ERP system brings numerous benefits, the most significant of which are: integration, standardization, optimization and automation of business processes, increased efficiency, recording of changes in real time, single input and single database. The implementation of the ERP system brings major changes: existing software solutions are abandoned and new ones are introduced, there is a change/redesign of existing business processes and the methods the organization functions as a whole.

Openalex Percentile: Top 84%
Regional Development and Management Studies
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Implementation of the new information system for financial management (ERP system) at ŽRS a.d. Doboj — Nikola Simić, Siniša Urumović · (2025) | TGRS Research Map | TGRS