3000 words for report and 500 words for individual summary

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3000 words for report and 500 words for individual summary
Answered 2 days AfterJan 26, 2021ITECH5402

Answer To: 3000 words for report and 500 words for individual summary

Dilpreet answered on Jan 28 2021
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ERP Systems and Its Connection to Digital Business Transformation            17
ENTERPRISE RESOURCE PLANNING SYSTEMS AND ITS CONNECTION TO DIGITAL BUSINESS TRANSFORMATION
Table of Contents
Introduction    3
Enterprise Resource Planning Systems    3
Digital Business Transformation    4
Connection Between ERP Systems and Digital Business Transformation    5
Case Study Analysis    11
Takeaways from the Case Study    12
Conclusion    13
References    14
Appendices    16
Individual Summary    16
Introduction
    Undoubtedly, technology and digitisation have become the two most important aspects of a modern-day and ever revolutionising business environment. For business organisations to be successful in short-term as well as in long-term, it is essential that these organisations leverage upon technologies to Enterprise Resource Plannin
g (ERP) systems to digitally transform their business. Digital business transformation is one of the primary needs of businesses to deal with competitive and challenging business environment while keeping up with the pace of rapid technological advancements. Emerging concepts like ERP systems have been assisting business organisations to be productive while adopting digital transformation. ERP systems seem to have a major impact on digital business transformation, as they are capable enough to modify various processes and operations of the modern-day business. Through this research report, an effort has been made to highlight the basic concepts of ERP systems and digital transformation. The report will further shed light on the connection between ERP systems and digital business transformation. The report will also discuss a case study to develop a better understanding of the concepts, when applied in a real-world business environment.
Enterprise Resource Planning Systems
    Enterprise resource planning systems in simple words can be described as software systems, deployed to plan and manage the core functions and processes of a business organisation. ERP can also be defined as the ability to deliver an integrated suite of business applications. ERP systems are being deployed by most of the business organisations in the modern world owing to their ability of providing an integrated management of main business processes in the real time (Sutduean et al., 2019). These are mediated primarily by software and technology. These systems are also capable of gathering and organising the data essential for a day-to-day business activity through integrated software suites. ERP systems have a common database and therefore, allows for the integration of different departments of the organisation on the same platform.
    One of the most prominent features of these ERP systems is the enterprise-wide integration. This feature allows business organisations to develop a central view of essential business operations irrespective of the departments. This allows for successful sharing of business data across the organisation. Therefore, ERP systems are capable of acting as a means to develop business intelligence. Furthermore, ERP systems have been assisting businesses to automate their repeatable tasks, which not only save time but reduces the chances of errors considerably (Pati et al., 2019). ERP systems are also proving to be beneficial for business organisations by helping the business organisations with data analytics and reporting. Financial management, accounting management, human resource management, supply chain management and customer relationship management are some of the core functions provided by most of the ERP vendors in the recent times.
Digital Business Transformation
    To put it in simple words, digital business transformation can be described as integration of digital technology into the core areas of operations of a business firm. This has been changing the way operate and deliver value to their customers. Digital business transformation involves the adoption of digital technologies by business organisations to transform their services by replacing the manual, erroneous or time-consuming processes with digitised or technology-based business processes. Most of the businesses have been adopting digital business transformation to withstand the challenge in their respective industries all across the globe (Ismail et al., 2017). This has been allowing businesses to use digital technologies to improve the overall performance of the business. With digital transformation, most of the business organisations now seem to have a changing sales engagement model, which has been assisting businesses to improve their profit margins.
    With digital business transformation, an explosion in the use of technologically advanced systems and tools can be seen including analytical tools and applications, mobile tools and applications, ERP systems and many more. These tools and systems have been providing businesses with an opportunity to come up with shareable digital capabilities. Digital transformation has been used by most of the business organisations for renewing their organisational strategies. Businesses in the modern-day business environment have been focusing on digital transformation to create a positive brand outlook to attract and maintain a huge customer base. Digital transformation has not only been assisting businesses to improve their internal business processes but have been making businesses capable enough to engage their customers for an exceptional experience. Business organisations, which have successfully transformed their businesses from non-digital processes to digital processes, are more progressive in nature as compared to other organisation in the same or similar industries (Urbach et al., 2017).
Connection between ERP Systems and Digital Business Transformation
    Digital business transformation is often associated with highly innovative and advanced technologies such as the ERP systems. This technology has been assisting businesses to advance internally and externally, from the back office to the front office. ERP systems have been acting as flexible foundation for businesses to integrate other cutting-edge technologies into the operation of the business, which can assist in the process of digital transformation of a business organisation (Strutynska et al., 2019). To be clearer and more precise, well-configured ERP systems are capable of helping the organisations to strategically advance their digital maturity and therefore, assisting in driving the digital transformation of businesses.
    Taking into consideration the major digital transformations of business organisations, ERP systems have been playing a crucial role. Industrial revolutions with the dynamics of globalisation have been revolutionising businesses and technologies. Therefore, ERP systems have been assisting businesses to keep with the pace of the technological advancements by automating and improving the existing processes of the business. ERP vendors such as SAP, Oracle and Microsoft have been assisting businesses to automate their business processes and operations while integrating complex business processes. Furthermore, these ERP systems have also been assisting business organisations to make most optimum utilisation of the available resources while they streamline and integrate digital processes into the business. According to Aspiron et al. (2018), ERP systems integrate all data and processes of an organisation into a unified system.
    This ERP system software are capable of covering all the basic functions of a business organisation and have been assisting business organisations to digitise all of them. A typical ERP module is capable of including manufacturing, human resource management, warehouse management, financial management, accounting management, and customer relationship management and decision support system. Digital business transformation adopted by most of the business organisations aims at building cognitive enterprises, which can immediately and intelligently, respond to the real-world contingencies. For this to be successful businesses require ample information and agility along...
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