Research On The Impact Of ERP Implementation On The Financial Performance Of Manufacturing Listed Companies

With the rapid development of economic globalization,the global economic environment has changed a lot.The enterprises can survive,progress and make profits by improving the level of information management and core competitiveness in the fierce competition.In this competitive business environment,enterprise managers need to purchase and implement enterprise resource planning(ERP)system in order to manage enterprise business better and improve enterprise profits.The purpose of ERP is to standardize and restructure enterprise processes,financial processes,capital flows and information flows,and improve enterprise operation ability,profitability and growth ability.The implementation of ERP system will have an impact on the financial performance of manufacturing listed companies,so it is of great significance to explore the impact of ERP system implementation on the financial performance of manufacturing listed companies.In this paper,the manufacturing listed companies in China are taken as the research object,and the method of theoretical analysis and empirical research is used to study the impact of the implementation of ERP system on the financial performance of manufacturing listed companies in China,in order to improve the industry's understanding of ERP system.In this paper,data statistics and empirical research methods are used to analyze the impact of ERP system on corporate financial performance.First of all,it introduces the background and significance of the research,then reviews and combs the relevant literature at home and abroad on ERP system,financial performance,and the impact of ERP system on financial performance;based on the theory of management information system,business process reengineering and financial performance theory,it measures financial performance through three aspects of operation ability,profitability and growth ability.This paper selects the financial data of manufacturing listed companies implementing ERP system from 2013 to 2015,uses the data model to analyze the impact of ERP system on financial performance,and finds that the implementation of ERP system will have certain impact on financial performance of manufacturing listed companies The principle of ERP discusses the impact of ERP Implementation on financial performance.In the part of empirical research,respectively,through descriptive statistics,Wilcoxon paired rank sum test,to verify the impact of ERP Implementation on corporate financial performance in three aspects.The results show that the implementation of ERP system will improve the operation ability,profitability and growth ability of enterprises.Therefore,enterprises must do good job in the preparation of ERP system feasibility and demand analysis,to ensure that enterprises can smoothly implement ERP system.Finally,this paper gives some suggestions on the impact of ERP Implementation on financial performance.