Integration of enterprise resource planning system as an effective technology for increasing business productivity
- Title
- Integration of enterprise resource planning system as an effective technology for increasing business productivity
- Creator
- Pallathadka H.; Dawra A.; Shrinivas K.; Viji R.; Singh P.
- Description
- Enterprise Resource Planning (ERP) refers to a potential software, which organisations utilise for managing daily basis activities such as proper accounting, project management, compliance as well as procurement actions within organisational standards for achieving better business performance. This research focuses on understanding ways of ERP usage of businesses for enhancing potential procurement as well as accounting for assuring best performance achievement. Literature from different company reports and other sources has been implemented that brings out an understanding of productivity optimisation of organisations using ERP. It also focuses on illustrating different types of ERP along with assuring better data visibility aspects of the ERP usage for allowing consumers to view real time data while progressing with business relationships and enabling higher procurement standards. The research aims to investigate ways in which different types of ERP are used by organisations for assuring better accounting performance and procurement standards in their marketing environment. Hypothesis is a positive association between ERP utilisation and implementation in organisation and its accounting and procurement standards, achieving high performance in the competitive market. Methodology used in this research involves Exploratory research design with a probability sampling for bringing out best possible outcomes of the research. Sample sizes include secondary sources such as articles, journals and relevant company reports and databases for understanding ways in which ERP helps in attaining suitable accounting and procurement practices of businesses within organisational standards. Results as well as implications indicate an optimal relation of proper risk management through enhancing ERP and usage of most suitable ERP that assures best possible procurement and accounting practices for businesses to get competitive advantage in the market. 2024 Author(s).
- Source
- AIP Conference Proceedings, Vol-2816, No. 1
- Date
- 2024-01-01
- Publisher
- American Institute of Physics
- Subject
- Acumatica; budget-managing and Odoo ERP; NetSuite; Sage Intacct; SAP business; Track Spending
- Coverage
- Pallathadka H., Manipur International University, Manipur, Imphal, India; Dawra A., Chandigarh University, Punjab, Mohali, India; Shrinivas K., School of Business and Management, CHRIST (Deemed to Be University), Karnataka, Bengaluru, India; Viji R., Kalasalingam Business School, Krishnankoil, Srivilliputhur, India; Singh P., Graphic Era Deemed to Be University, Uttarakhand, Dehradun, India
- Rights
- All Open Access; Bronze Open Access
- Relation
- ISSN: 0094243X
- Format
- Online
- Language
- English
- Type
- Conference paper
Collection
Citation
Pallathadka H.; Dawra A.; Shrinivas K.; Viji R.; Singh P., “Integration of enterprise resource planning system as an effective technology for increasing business productivity,” CHRIST (Deemed To Be University) Institutional Repository, accessed February 25, 2025, https://archives.christuniversity.in/items/show/18975.