A Study On The Design And Implementation Of ABC Company ERP System In Finalcial Module

ERP system has an important significance for enhancing the management ofenterprises. It is a centralized reflection of characteristics of the enterprise resourceplanning system, including immediacy, concentrated and visionary. With thedevelopment of the ERP system, the difficulty and complexity in the implementationprocess is increasingly apparent. This paper focuses on ERP implementation in theoil industry, not only due to the fundamental status of the petroleum industry inChina’s national economy, management level of which is directly related to theimprovement and effectiveness of the national economy; but also for the fact that thecomplexity of organizational structure of the large oil companies and the businessprocesses and management system with Chinese characteristics make ERPdevelopment in China’s oil companies a great challenge. In this Paper ABC (oil)Company’s ERP system implementation is selected as a case study, focusing on theanalysis of the design and operation of the effect of the financial system functions.The paper argues that the success of ERP implementation due to six main factorsincluding timely decision-making and support from the leader, the business units’input, process standardization, enhanced management of change, detailed andtargeted training and strong operation and maintenance system. The paper alsoproposes solution on the basis of the actual situation of the ABC (oil) Company tothe six factors above.This paper consists of five chapters. The first chapter is the introduction to thebackground and significance of the topic, research methods and structuralarrangements of the paper. The second chapter gives investigation result of the statusof ABC (oil) company before ERP system implementation and requirement analysis.In the third chapter solution to financial-related parts of the ERP systemimplementation is presented. In chapter IV analysis on the difficult points during theERP system implementation process is provided, to which this paper also tries togive some solutions. Chapter V is the conclusion. In summary, investigation on the successful experience of ERP implementationis the key point to improve the operational efficiency of ERP. Although theenterprise platforms are different, their economic base and the external environmentare in common, which can be reduced to guidelines and management strategies ingeneral, affording lessons to improve the efficiency of ERP implementation inChina.