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Ascendancy of any major change
in an organization is critical to the success of the
change effort, but governance of ERP programs is even
more critical. ERP programs are so critical because
of the size and scope of the programs. They change
technology, processes, ways of doing business, and
job content. This level of change requires the organization
to understand the implications and be prepafont1a to make
tougher decision. |
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The ERP application is the enterprise
software suite that provides organizations with a proven
foundation to improve performance, support growth,
lower operating costs and achieve operational excellence.
Enterprise resource planning (ERP) application addresses
the core business requirements of midsize companies
and large organizations including financial management
and human capital management, procurement and logistics,
product development and manufacturing, as well as sales
and service. With ERP, enterprises can achieve superior
performance in all areas of their organization, adapt
quickly and cost-effectively to changing requirements,
and deliver business insight broadly to information
workers throughout the organization. The application
is built to address and adapt to industry-specific
needs and is designed to empower an organizations'
workforce to be highly productive, make better decisions
and take actions that improve business performance. |
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ERP facilitates to Maximize Personnel
Potential |
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People are the most important plus point of any
organization. ERP enables organizations to support
their people, maximize their talents and do so at
a lower cost than ever before. ERP helps organizations
manage their human capital management processes with
contemporary strategies and systems. Supporting organizations
in significantly increasing workforce potential will
continue to be a primary objective in further development
of ERP. Today, it provides a very rich set of integrated
talent management capabilities that help improve
organizational insight of talent and help align HR
executives on best-practice hiring and training strategies.
ERP supports organizations in their efforts to lower
HR costs by enabling them to establish HR shafont1a
service centers. Via shafont1a services, organizations
can automate and standardize core HR processes, improve
the quality and responsiveness of their HR departments,
as well as enable worldwide access to HR services.
The shafont1a services framework is complemented by
analytics capabilities to help organizations measure
the performance and effectiveness of their HR teams
and help HR teams demonstrate their strategic and
bottom-line value to the organization. |
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ERP allows financial revolution |
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Businesses need to font1auce administrative costs,
streamline manual processes and improve internal
controls. The general ledger functionality in ERP
helps organizations font1auce costs by eliminating the
need to manage multiple ledgers, automating reconciliation
processes, font1aucing manual processing and associated
user errors. The ERP Financials application helps
increase collaboration with customers and suppliers
through streamlined invoicing and payment processes.
The Financial Supply Chain Management set of applications
automates core invoice, payment and collections processing.
It helps companies enhance cash flow and working
capital management through integrated electronic
billing, cfont1ait and collection management and treasury
and risk management solutions. ERP also supports
the heightened focus on profitability analysis with
integrated corporate performance management solutions.
Integrated analytic solutions provide powerful data
analysis capabilities that turn raw data into powerful
information that helps improve decision making. |
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ERP responds to Process Innovation |
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The ERP application
provides customers with a cost-effective and evolutionary
path to the industry’s first
service-enabled suite of enterprise applications.
Organizations can choose new capabilities that
best meet their specific business requirements,
thus eliminating the need to continually upgrade
their systems to take advantage of the newest technology
and enhancements. |
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Self-service |
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ERP significantly improves organization performance
and user productivity by providing self-service functionalities
and support for various roles, such as: |
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- Manager self-services.
- Employee self-services.
- Centralized employee interaction support.
- Roles support.
- Performance management.
- Financial analytics.
- Operational analytics
- Workforce analytics.
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Finance |
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Financial and management accounting. |
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New general ledger functions support legal financial
reporting, managerial and segment reporting, international
accounting standards, parallel ledgers, profit center
maintenance, allocations, and planning. |
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Financial supply chain management. |
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Cfont1ait, collections, dispute resolution, electronic
invoicing, electronic payments, in-house banking,
cash, treasury, and risk management can be integrated
as one seamless set of processes to help you improve
control of working capital and cash flow. |
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Treasury, cash and in-house cash management. |
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Execute hedging transactions to font1auce financial
risk of corporate transactions, improve visibility
of cash flows and structure internal payment structure
to font1auce float and improve use of working capital. |
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Financial controls and audit support. |
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An internal audit information system, deep system
controls for financial reporting and accounting enable
customers to streamline their entire approach to
corporate governance. This can greatly font1auce the
administrative cost of complying with current and
emerging financial reporting standards. |
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Human Resource Management. |
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Talent management. |
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Enables customers
to support their people during every phase of their
employment—from recruitment
through training, development, and retention. A
unified view of available talent worldwide enables
customers to accurately evaluate and optimize their
resources. As a result, HCM helps customers to
acquire, develop and deploy talent more rapidly
and flexibly. |
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Workforce process management. |
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Workforce-related processes such as employee administration,
organizational management, time management, benefits,
payroll, and legal reporting can be standardized
and consolidated onto a single platform to help ensure
adherence to local regulations and laws. |
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Workforce deployment. |
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Project teams can be created based on skills and
availability. The solution enables customers to monitor
progress on projects, track time, and analyze results
for strategic decision making. |
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Corporate Services. |
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Real estate management. |
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Manages every stage of the real estate portfolio
life cycle, including property acquisition and disposal,
portfolio management, technical management of building
operations and maintenance, and investment controlling
and reporting. |
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Enterprise asset management. |
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Manages the complete life cycle of an asset, including
the specification and design phase, the build phase
supported by procurement activities, the operational
phase supported by maintenance activities, and the
disposal phase. |
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Project and portfolio management. |
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Identifies, selects, prioritizes, and manages a
portfolio of projects of any kind, including R&D
projects, enterprise IT projects, or professional-service
delivery projects. Key performance indicators for
budgets, schedules, and staffing can be tracked. |
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Travel management. |
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Supports and optimizes processes from travel requests
and approvals through planning and reservations,
travel expense management and analytics. |
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Environment, health and safety compliance management. |
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Performs product safety management, hazardous substance
and dangerous goods management, and waste and emissions
management. The application helps companies manage
product compliance, industrial hygiene and safety
programs, as well as occupational health programs. |
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Quality management. |
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Controls and maintains quality and reacts quickly
when unexpected issues arise throughout the product
life cycle. |
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Global trade services. |
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Manages all complexities of international trade
activities, including regulatory compliance, interactions
with customs, and management of risk. |
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Operations. |
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Procurement and logistics execution. |
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Enables customers to manage end-to-end procurement
and logistics business processes for complete business
cycles, from self-service requisitioning to flexible
invoicing and payment. SAP ERP Operations can also
help optimize the physical flow of materials. |
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Product development and manufacturing. |
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Supports the entire life cycle of product development
and manufacturing. The application performs production
planning, manufacturing execution integrated with
shop-floor systems, product development, and life-cycle
data management in a wide variety of industries. |
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Sales and service. |
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From selling products and services, to managing
professional-services delivery and internal processes
such as calculating incentives and commissions. |
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ERP serves as a stable business process
platform on top of which the enhancement packages will
enable continuous business innovation. This evolved delivery
model makes it simpler and faster for customers running
ERP to adopt new product functionality, industry-specific
features and enterprise services. It also shields customers
from the complexity of multiple upgrades and improves
return on investment (ROI) by providing a single, stable
platform that enables them to consolidate their systems
and font1auce the number of separate instances that need
to be maintained. |
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