ADVANTAGES AND DISADVANTAGES OF USING INTEGRATED ERP SYSTEMS AT TRADE ENTITIES

Caraiman Adrian-Cosmin
Additional contact information
Caraiman Adrian-Cosmin: WEST UNIVERSITY OF TIMISOARA, TIMISOARA, ROMANIA

Annals - Economy Series, 2015, vol. 4, 170-174

Abstract: Constant change of market conditions and fierce competition have imposed, in the framework of economic entities in general, and those in the trade, particularly finding ways as effective for obtaining certain information to capture, on a continuing basis, all relevant aspects related to internal processes and the interaction with the external environment; so, the use of information technology-based solutions in the activity of economic entities has evolved over time from option to stage the necessity. To thrive, economic entities in general, and those in the trade, specifically (in my opinion), are required to integrate applications into a powerful infrastructure, so that the entities in the trade, an integrated system is a combination of business management practices with information technology, whereby the business processes of an entity are integrated into the computer system, in order to achieve specific business objectives. Enterprise systems are a critical component of the process view of organizations. They facilitate communication and coordination among different functions, and they allow easy exchange of, and access to, data across the process. More specifically enterprise systems play a vital role in the following three areas: execute the process, capture and store process data, monitor process performance.

Keywords: accounting information system; information; integrated systems; Enterprise Resource Planning; trade entities. (search for similar items in EconPapers)
Date: 2015
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.utgjiu.ro/revista/ec/pdf/2015-04/24_Caraiman%20Adrian.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cbu:jrnlec:y:2015:v:4:p:170-174

Access Statistics for this article

More articles in Annals - Economy Series from Constantin Brancusi University, Faculty of Economics Contact information at EDIRC.
Bibliographic data for series maintained by Ecobici Nicolae ( this e-mail address is bad, please contact ).