Free Essay Sample on Two Major ERP Software Solutions

Paper Type:  Essay
Pages:  3
Wordcount:  577 Words
Date:  2023-11-02

Introduction

The two major brands of ERP software and which this paper addresses are Oracle ERP and Microsoft Dynamics ERP. Oracle ERP is a resource development instrument that is created and certified by a corporation called Oracle. Oracle EPR can provide various solutions which entail giving solutions related to procurement, accounting, essentials involved in the management of projects, and the techniques required. Therefore, the Oracle ERP provides end on user policy with several boundaries that enable it to operate as a software which is very useful in the management and performance of the innovation.

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Effective Alternative

Therefore, applying the Oracle ERP will be a very effective alternative to Smitheford in case the company decides to rely on Oracle technology based on the oracle cloud center. The advantage of using this brand of EPR over other brands is that it is accessible through public and private execution plan. Besides, it also supports the growth of crossbreeds from original forms, and the system update is available bi-annually. Also, in Oracle ERP, the software comprises of 7modules combined into a style that suits Oracle ERP. HIPAA licenses the brand of Oracle ERP. Oracle ERP involves those useful under the GAAP principles of bookkeeping.

Microsoft Dynamics ERP brand, on the other hand, is associated mainly with medium size groups together with subsidiaries of more prominent organizations. Besides, applications of this brand of ERP are considered elements that form Microsoft Dynamics. It is thus a link of commercial controlling software developed and maintained by way of Microsoft.

Dynamic Brand

The Microsoft dynamic brand derives from an assortment of six elements, which includes Microsoft Dynamics AX, NAV, GP, and SL ERP solutions. Also, Microsoft Dynamics RMS is a leeway of Microsoft Dynamics CRM that is useful for merchandising. Also, whereas Dynamics GP, SL, and NAV functions in SMEs, the Microsoft Dynamics AX, on the other hand, runs enormous entities. And therefore, the best choice for Smitheford should be Microsoft Dynamics AX as it enables the company or the organization to be able to hand massive bodies and thus more and efficient productivity. Besides, it also helps Smitheford in improving profitability and in gaining a competitive gain over other competitors.

In comparing the two brands and in analyzing key implementation questions, Microsoft Dynamics AX has many benefits for the executives, which includes monitoring the organization’s presentation at different levels, maximization of profits through plan delivery and ensure growth in revenue by increasing the company’s profits. Unlike the Oracle ERP, Microsoft Dynamics also provides accounting and financial benefits to the firm, improves the accuracy of forecasting in the company, among other benefits.

Conclusion

I recommend that the company should select an enterprise resource planning that functions with the least customization. Also, even though the elements could involve customization of one needs to consider costs involved together with gains in customization, vis avis the business procedure. Therefore, using the decision tree diagram that I created, I resolved on one brand of ERP software that I would recommend for the executives to implement. In this case, I would recommend the use of Microsoft Dynamics. As opposed to the Oracle ERP since Microsoft Dynamics are cheaper, it is easy to use due to its shorter learning curve, easily customized, can be scaled quickly, and finally, it has the shortest implementation time. As thus, in using the decision tree diagram that involved Oracle ERP and Microsoft Dynamics, I would recommend the latter to the executives.

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Free Essay Sample on Two Major ERP Software Solutions. (2023, Nov 02). Retrieved from https://proessays.net/essays/free-essay-sample-on-two-major-erp-software-solutions

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