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Configuring an ERP system is largely a matter of balancing the way the organization wants the system to work, and the way the system is designed to work out of the box. ERP systems typically include many configurable settings that in effect modify system operations.
SAP ERP is enterprise resource planning software developed by the German company SAP SE. SAP ERP incorporates the key business functions of an organization. The latest version of SAP ERP (V.6.0) was made available in 2006. The most recent SAP enhancement package 8 for SAP ERP 6.0 was released in 2016.
On the whole, these ERP systems have their origin from software that integrates information from different applications into one universal database. The linkage of financial and human resource modules through one database creates the distinction that separates an HRMS, HRIS, or HCM system from a generic ERP solution.
To illustrate this some more, ERP software prescribes processes to realize its promised benefits. However, compliance to these rigid, prescribed processes is often assumed rather than real. In many cases, the ERP software is accepted but the practices within the enterprise reflect inconsistencies with the prescribed processes of the software.
The terms management information system (MIS), Information management system (IMS), information system (IS), enterprise resource planning (ERP), computer science, electrical computer engineering, and information technology management (IT) are often confused. MIS is a hierarchical subset of information systems.
Other types of software which do not fit into well-known standard categories, including backup software, billing management, and accounting software. Enterprise contract management software is used to bring all of an organisation's contractual commitments into a single system for holistic management and to avoid the variability and inefficiency ...
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