ERP Systems - Reliable Tools in Corporate Reporting of Organizations

Laura-Eugenia-Lavinia Barna ()
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Laura-Eugenia-Lavinia Barna: Management Information System Department, Bucharest University of Economic Studies, Romania

The Audit Financiar journal, 2024, vol. 22, issue 176, 783-790

Abstract: In the digital age, integrated ERP solutions are the best way to efficiently manage an organization's business and resources, as they contain a number of specific modules for accounting, human resources, production, sales and purchasing. This system is designed to provide efficiency and transparency to all operations performed by organizations. The aim of this paper is to explore how ERP systems are a reliable solution in the context of corporate reporting. The modules of this system facilitate the collection, storage, and analysis of an organization's financial and operational data, building a solid foundation for accurate and correct reporting of results, especially its performance. The case study in this paper is summarized as a quantitative analysis based on a questionnaire, which aims to highlight the advantages and challenges of using an ERP system in the context of financial and operational reporting of organizations. The conclusion of the paper emphasizes the importance of using ERP systems in the corporate reporting of organizations, highlighting the main benefits they bring in terms of operational efficiency, data transparency and correct decision making.

Keywords: ERP systems; corporate reporting; decision transparency; reliable solution; operational efficiency; decision-making process (search for similar items in EconPapers)
JEL-codes: M15 M40 M41 M42 M54 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:aud:audfin:v:22:y:2024:i:176:p:783

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