Economics as a Key Support Process in ERP Systems

Journal of Enterprise Resource Planning Studies

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Petr Sodomka and Karel Å teker

Center for inVestigations into Information Systems (CVIS), Faculty of Management and Economics (FaME) Tomas Bata University in Zlín, Mostní 5139, 760 01 Zlín, Czech Republic

Volume 2010 (2010), Article ID 101114, Journal of Enterprise Resource Planning Studies, 10 pages, DOI:

Received date : ; Accepted date : ; Published date : 24 May 2010

Abstract

This article is oriented to the problems relating to the management of the economics issues in enterprises as one of the key support processes. It defines and delimits the basic terminology — which is not always understood in the same way in this field, whether this be by managers, economic specialists, or IT professionals. The article goes on to define and delimit the individual sub-processes as well as the relationships between them. The management of economic issues is then confronted with the opportunities and possibilities offered by the functionality of ERP systems — i.e. the software applications without which it would be difficult to imagine the  integrated management of an enterprise as a whole, including its coverage of economic, production, logistics and Human Resources issues. This article also summarises observations and knowledge to-date gathered by the Center for inVestigations into Information Systems (CVIS) and presents the main results and outcomes of research conducted in the Czech ERP market with an orientation on the management of economic processes and its follow-up support of managerial decision-making.

Keywords: Enterprise Resource Planning (ERP), Business Processes, Economic Processes, Financial Accounting, Tax Accounting, Managerial Accounting, Controlling, Calculations, Budgeting, Cost Accounting, In-house Accounting, Decision-making Roles, Reporting Statements, Activity Based Costing, Balanced Scorecard _______________