acc310-1304b-01 accounting for non-accounting majors
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C O L O R A D O T E C H N I C A L U N I V E R S I T Y O N L I N E
A C C 3 1 0 - 1 3 0 4 B - 0 1 A C C O U N T I N G F O R N O N - A C C O U N T I N G M A J O R S
INSTRUCTOR: Sherilyn ReynoldsBy
Silvia LopezDecember 8, 2013
E N T E R P R I S E R E S O U R C E P L A N N I N G S Y S T E M
ERPS Is a system that helps manufactures have a better process of
developing their software or their products. Companies started to
update their processing by implementing sales system, financial
systems, purchasing steams, and inventory systems. ERPS replaces
all local systems by an integrated system that supports all the
business functions.
Integrated is a way of sharing information with all the companies
and all their employees. If a sales in the company comes in the
ERPS check the level of inventory and if the company do not have
good inventory level then it allows for purchasing new stuff to get
to the perfect level.
ERPS will continue to be used in the future because it makes
business more efficient, more profitable and pays employees on
time.
T H E W A Y E M P L O Y E E S H A N D L E D A C H A N G E T O A N E R P S Y S T E M ?
ERP system is very important for a business success so is important for
employees to adapt to new changes and understand what is the new program by
educating them and training them in all changes in the program. Demo videos
have been used to train them and also real time testing. Employees have been
facing stress since it take constantly training in the ERP system.
Employees have also been dealing with many more hours and more opportunities
in the company. With the new ERP system employees are becoming more
responsible and more multitasking.
Nobody likes changes specially if an employee is used to working the old
ways. That’s why top managers are helping employees with their morale and
motivate them in to the new and better change.
Employees are making decision they were never require to make. Making
different things they were never require to do.
Advantages-Safer then tradition ITSafer then having our own server, it’s a multi level security system. Has the best business administrators working behind it and allows less inventory time.Get all the application necessary for a successful company in one place. Easy set up, no waiting time. No conflicting software, very reliable, no downtime and malfunction, always availability, always up to date and flexible.
A D V A N T A G E S A N D D I S A D V A N T A G E S O F E R P S Y S T E M
DisadvantagesIt forces employees to change and might become resistance. Employees need to be able to control the new system.It involves to much implementation that some companies can not handle and fail in their business. It can be to expensive and it can cost as twice to customize.
C O M P A N I E S H A V E E N C O U N T E R E D P R O B L E A M S W I T H E R P S Y S T E M
Many companies have faced with poor fit. The software was not a
good fit for their company.
Some businesses do not have the right understanding of their needs
and processes and don’t appreciate the new software and fail.
Companies like engineering and construction firms have faced with
critical factors for not having a better understanding of the new
ERP system.
E R P S Y S T E M H E L P O R H I N D E R I N T E R N A L C O N T R O L ?
The new ERP system is to help the internal control by providing in detecting and
preventing fraudulent activity. ERP offers protection to all related resources I the
company.
ERP also helps by leading the company to disciplined organizational governance because
it works under the regulations and requirements of Sarbanes-Oxley.
ERP helps companies with controlled environment, risk assessment, provides information
and communication, and monitors all activities.
Companies should understand that every employee in the companies has to take
responsibilities in maintain a good internal control.
R E F E R E N C E S
Employees reaction to the new ERP system TJP . By Byron A. Ellis June 2008. pp 1-41 Retrieved on December 9, 2013 from http://
www.jethroproject.com/Procedural%20Justice%20Rev1.pdf Advantages and Disadvantages from ERP system Sba faculty by Scott. Retrieved on December 9, 2013 from http://
www.sba.pdx.edu/faculty/scottc/day5/sld073.htm ERP software Blog. Internal Control. Broad point technology, LLC. By Don Carnevale. January 18, 2011. Retrieved on December 9, 2013 from: http://
www.erpsoftwareblog.com/2011/01/internal-controls-the-role-your-erp-system-plays-in-protecting-and-preventing-troub