Colorado State University Input Data Into Erp System Analysis

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avy99

Business Finance

Description

Research a company you are familiar with either in person or online and determine what the company uses as a source document to input data into their ERP system. Examples could be a purchase order or a new account form. Explain what the forms are used for and determine if the same documents can be used for a manufacturing company and a retail or service company.

Your initial posting should be 300-500 words. Include references/citations

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Explanation & Answer

Attached.

Running Head: INPUT DATA INTO ERP SYSTEM

INPUT DATA INTO ERP SYSTEM
By (Name)
Course
Professor
Institutional affiliation
Date

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ERP SYSTEM

2

Introduction
Enterprise resource planning (ERP) is a system that manages the significant business
process, in real-time and by the use of software and technology. This system enables
businesses to assemble, store, control and interpret data from various business activities. It
performs a variety of functions intending to help companies to become more efficient in
managing their integrated activities. Big companies rely heavily on this system to; acquire
real-time information on the various departments under the company, enhance their
productivity and increase their competitive advantage (Wedell, 2019). Companies such as
Nestle which is among the largest food companies globally have assimilated the use of the
ERP systems into their functions, and this has improved its productivity and efficiency.
Nestle and ERP systems.
Nestle is a global food company that deals in the production of coffee, baby food, dairy
products, confectionery, bottled water, ice cream, pet foods, breakfast cereals and many other
food products. It was establis...


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