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Group Company Erp Application Software To Achieve Business And Financial Integration Research

Posted on:2007-05-31Degree:MasterType:Thesis
Country:ChinaCandidate:L L WuFull Text:PDF
GTID:2209360185491429Subject:Management Science and Engineering
Abstract/Summary:PDF Full Text Request
The increasingly obvious characteristic of completion among modern corporations is to pay more attention to the speed of response rather than to the scale of firms. How to realize prompt readjustment according to the market requirement is of vital importance to the corporation. Information-based management is a necessary way to achieve this management objective and ERP is a great support to put this information-based management into practice. The integration of business and finance which not only requires the renovation of managerial technique but also asks for the change of management ideas is an important way to the implementing of information-based management as well as a main point and major difficulty in the ERP implementation.This study will first of all discuss the implementing principle and integration level in different developmental stages of information system. The corporations should attach great importance to all kinds of business information, not merely to the business information relating to finance.Then we will study the monofirms' using of ERP in realizing the integration of business and finance. From the perspective of corporation utility and software implementation, we'll make a module block study on the general accounting and management accounting involved in the business systems. In the financial accounting module we'll discuss general accounting system, inventory system, purchase system, sale management system, and stock system, while in the management accounting module we'll focus on project cost management system.After that, the study will explore the implementation of ERP to realize integration of business and finance in conglomerates. The discussion on difficulties and possible solutions in the integration of business and finance will be based on the characteristics of management in conglomerates. We'll work over the software configuration in terms of ERP implementation and discuss how to use ERP to operate the particular businesses in conglomerates. These businesses include internal allocation and some businesses of multiple process. .At last, we'll discuss the risk prevention issue when implementing ERP in conglomerates, including the recognition of the successful implementation of ERP and the identification of risks when implementing ERP. The study will provide some preventive matures and useful experience for the conglomerates.
Keywords/Search Tags:Conglomerate, ERP, Integration of Business and Finance, Software Configuration, Risk Control
PDF Full Text Request
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