Study On The Relationship Between ERP Implementation And Corporate Performance

Along with the deepening of economic globalization, to achieve enterprise informatization becomes one of the key factors for modern enterprises to enhance international competitiveness. ERP, as one of the most important tool for enterprises, is widely used in the global organizations.However, as a management tool, the situation of the implementation of ERP in Chinese enterprises is not satisfied. According to the statistics, of all the ERP system implementation projects, usually only10%-20%can implement successfully and according to the budget in time and achieve system integration, about30%-40%of the system does not implement system integration or only partial integration, about50%of the implementation of the project fail. In the implementation success of10%-20%, may be less can make the enterprise obvious effect. Therefore, what are the restricting factors in the success of the ERP implementation, how to implement to ensure ERP project a complete success, has become an important professional concern and research topic. Because of China’s enterprises have bigger difference with European and US companies in the language, management style, business process model and skills, the application of ERP, not only need to spend more efforts than European and us companies, but also benefits of great uncertainty. Today, therefore, discusses the effect on our country enterprise ERP implementation has become very necessary, this not only helps to correctly understand the role of ERP, and, for the future to implement ERP enterprise also has important significance.So far, related literature on the implementation of ERP in our country is gradually increasing, but there is not a unified standard for the evaluation of the implementation of ERP in the theoretical circle, also don’t have a set of systematical and authoritative evaluation method, this all due to the industry characteristics, enterprise scale, enterprise strategic target and system implementation of motivation of the ERP system implementation is not the same. But for the ERP system provider, implementation service providers and enterprise users, using a set of perfect evaluation system and objective criteria to measure the effectiveness of each stage of ERP system implementation is very necessary.This paper study on the current situation of ERP implementation, influence factors and economic consequences, on the one hand, enrich the theoretical system of accounting information system, on the other hand, from the perspective of performance management, this paper focus on the implementation of ERP effects on enterprise performance, and using the method of combining theoretical analysis and empirical analysis to enrich the theory of performance management research, and put forward reasonable Suggestions to solve the implementation of ERP aims at the key risk points, in order to improve enterprise performance management and improve the efficiency of management.In this paper, the content is divided into six parts:The first part is introduction. Simply introduce the topic background, theoretical significance and practical significance of this study, briefly introduce the research methods, research ideas and the structure and main content of this article, as well as innovation and inadequate.The second part reviews the literature at home and abroad. Review the literature at home and abroad on the impact of ERP implementation on business performance, and comment on the literature review, through the analysis of previous literature found research opportunity.The third part, theoretical analysis and put forward hypothesis. Expounds the definition of ERP, the basic connotation and the development of the ERP implementation in our country, expounds the connotation of enterprise performance and the method of enterprise performance evaluation system. By analyzing the implementation of ERP and enterprise performance, put forward the research hypothesis.The fourth part is the empirical study design. This part mainly introduces the selection of what kind of data as the research object, the source of the sample data, design model according to the research hypothesis, selection proxy variables and measurement.The fifth part is the empirical test on the impact of ERP implementation on business performance. This part is based on the data collected in accordance with the design of the model to the study of hypothesis test, first of all, through carries on the preliminary test, descriptive statistics to research hypothesis and related inspection, finally through the software regression testing to verify this hypothesis, according to the result of regression analysis.The sixth part includes the research conclusions, policy recommendations, and limitations. This part is the summary of this paper, mainly introduces the research conclusion of this paper, the study found that the implementation of ERP in the process of the lack of effect and puts forward relevant policy suggestions, and put forward in this paper, the innovation points and research limitations on the basis of the research conclusion.Based on the data of170Chinese listed companies to implement ERP,to study the effects of ERP implementation of listed companies on the operational efficiency of enterprises and financial performance, this paper uses the matching design. In this paper, the study found that the implementation of the ERP did not directly influence the total asset turnover and return on sales, and the implementation of ERP in the deterioration of the implementation of enterprise total assets return on cash flow. Further, this paper found that the implementation of ERP by influencing the operating efficiency and have indirect effects on financial performance, the implementation of ERP can improve the efficiency of enterprise assets turnover, but also brought the ascension of operating cost, intermediary effect between ERP and the enterprise operating efficiency (mediating effects).The research conclusion of this article suggests that the implementation of ERP and does not bring the improvement of financial performance, the enterprise needs to improve operation efficiency and improve financial performance through ERP.