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Finance Master's thesis:
The faxing system needs to be replaced as it involves too much paper work and make the ordering process slow. Similarly, the ERP system currently deployed at SAZ needs to be reprogrammed to make it better and in compliance with the targets of the company. The prime purpose behind maintenance of IT and implementation of ERP is to improve information flow and to decrement downtimes. Moreover, the speed of business is also augmented as redundancy of information is reduced tremendously by the use of ERP. However, ERPs tend to be generalized and do not comply with the specific requirements of the company. This is posing a problem for SAZ. SAZ needs to optimize its ERP system so that it supports the IT and all other operations.
• Purchasing
SAZ is planning to upgrade and optimize its ERP and the resources it is using , therefore, we would not require major purchasing. SAZ needs to buy specific equipment for the built-in support for Electronic document interchange and optimization of networks and flow of information.
Deloittes Consulting study relies on the interviews of 62 firms from the fortune 500. The questions that the interviews asked were the description of the tangible and intangible benefits that the firms gained with the use of ERP. The tables are indicative of these benefits that those companies realized.
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